PNV 1.69% $2.32 polynovo limited

Non-elective surgery continues., page-2

  1. 7,161 Posts.
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    Ok with the world in lock down, people working from home, self isolation, less travel, sports being cancelled all the way down to a local level, major events cancelled etc. someone please tell me how corona virus does not impact this company / and.or how the have an increase in sales?

    $1B+ valuation, low cash on hand, net loss reported and potential for revenue to be slashed.... I didn't give reasons before thinking this is going to tank after all the amazing growth but imo it will continue to decline... The PE ratio is stupid and insto won't pay for this anywhere near the premium it currently offers....

    They WILL need cash and sooner than later imo... Huge risk here but if it drops to a reasonable MC could be a better balanced risk reward.

    I'm commenting because I like the company but feel it has short term pain (12m+) before longer term gains.
 
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