PNV 3.17% $2.44 polynovo limited

PNV - Banter and General Comments, page-12293

  1. 638 Posts.
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    in response to @kissmyshares post in the PNV Chart thread

    Yes, agree. It has, is, and going to be a patient hold, as the cashflows continue, until at some point the market wants to reward this stock again. In the bear market of covid and continuing, the market only really wants to reward the steady, the known, where business' have free cashflow (excluding tech https://hotcopper.com.au/data/attachments/6415/6415561-48d22065c06f008a0068aba90f546e9c.jpgand financial network type companies ). We have transitioned from "futures" to "a sort of normal young company" where our current financials don't yet support the share price.

    While we are growing revenues, and have turned profit, the growing but subdued net-cashflows are still not enough, (due to the cost of growing our sales network). An outlier event will occur where the market will forget their conservatism and get back on the PNV story. In the meantime we continue with growing our market, produce new lines of product and educating our future customers. While there are a number of possible / probable catalysts, I think it will be BARDA / FDA deep burns approval. So another year, but enough good news between now and then to keep the faith. However I'd love to see where we will be in say 2 years time, and this patience will have been well rewarded.










 
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Last
$2.44
Change
-0.080(3.17%)
Mkt cap ! $1.706B
Open High Low Value Volume
$2.49 $2.50 $2.43 $1.816M 736.7K

Buyers (Bids)

No. Vol. Price($)
34 15454 $2.43
 

Sellers (Offers)

Price($) Vol. No.
$2.44 23716 22
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Last trade - 15.40pm 04/10/2024 (20 minute delay) ?
PNV (ASX) Chart
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