PNV 1.47% $2.07 polynovo limited

Lucky to buy sub $1! Jeepers..... if you are relying on luck in...

  1. 611 Posts.
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    Lucky to buy sub $1! Jeepers..... if you are relying on luck in the investing game go to Crown!

    I'd suggest that those who purchased well below these levels did early research and recognised value well before the market did, I certainly did and I took a calculated punt on what I saw and it has paid off.

    Conversely those that are still sitting on a loss probably got caught up in market hype, bought at unrealistic market cap post this recgonised value and are suffering as a result.

    I think that if my recollection is correct that at one point this was almost 2.5-2.6 billion MC simply on FOMO and Short Covering.

    I've been here almost a decade from teen cents to $4 and back to where we are now - all the whilst continuing to accumulate what I can afford when I felt the timing was right. Could I have bought better sure but no one times the top and the bottom . Luck played a small part but I bought initially on solid research, a belief that the product was market changing on top of incredible high margins, coupled with a guy leading the business that has been there and done it previously.

    Take responsibility for purchasing at the wrong time if you didn't do the research - if that is actually what you did.
 
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Last
$2.07
Change
0.030(1.47%)
Mkt cap ! $1.429B
Open High Low Value Volume
$2.11 $2.12 $2.05 $2.783M 1.335M

Buyers (Bids)

No. Vol. Price($)
5 19976 $2.05
 

Sellers (Offers)

Price($) Vol. No.
$2.07 9633 3
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
PNV (ASX) Chart
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