Here's a bit of 'future' for you - from the FY22 presentation....

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dawatz

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03/09/22

16:20

Post #: 63502558
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Originally posted by e7dem: ↑

It is argued by many learned Economists that short selling contributes to efficient markets. I just don't understand why short selling angers so many people. A stock will ultimately find its intrinsic value, regardless of how market participants act.

Personally I see good sides with short selling. It should keep companies honest and open to their performance.... Should promote good governance. We recently had our 2022 fy results. I am a bit annoyed myself that PNV hasn't provided forward guidance to the market, as someone mentioned here before. Why don't they? They absolutely should.

As shareholders we should all know what DW aims at in growth for 2023 fy. We shouldn't leave it to luck, to see where we land. DW should clearly state his growth target, I prefer 100%, and what he plans to do to achieve it.

A company on the share market cannot only be about reporting historical reports. That's easy.... the hard part is to aim for something in the future and achieve it. ....and we should be annoyed with product development and launches that keep getting delayed. It's this sort of stuff that becomes ammunition to short sellers.

Full disclosure: I have bought since the fall in SP after results. Four times, added substantially to my holdings . Very surprised at the level this has been pushed. But hey, it has created a golden opportunity to add shares at steep discount.

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Here's a bit of 'future' for you - from the FY22 presentation.
https://www.listcorp.com/asx/pnv/polynovo-limited/news/fy22-results-presentation-2753954.html

PNV Price at posting: $1.27 Sentiment: None Disclosure: Held
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0 Great analysis

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