This entire post is predicated on you having badly misread what I actually wrote, per this sentence: "You want them to show high growth in earnings"
I did not say this. What I said was: "I will be happy to change that position if the company shows some growth in their earnings, and if that means buying at a higher share price than today, but with lower risk, I'm fine with that."
I was asked by Bill what I am looking for in the company for me to invest (the reason I am on these threads is because I like the product). Given where PNV is at in its lifecycle, after approximately 5 years of me following this company I want to see some operational leverage finally start to flow through, even if only in small amounts. So far they have bounced from small-to-medium losses to profit from one year to the next. Market consensus is for them to do around $120M in sales in FY25. Growth is great, and is the game, but sooner or later a company of this size needs to show some operational leverage, to demonstrate they can grow and self-fund. This is what I am looking for. I do not expect everyone to agree, it is just my approach.
May I politely suggest those keen to critique my approach or my posts (which is welcome) try to read them properly before furiously tapping out replies.
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PNV
polynovo limited
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6.72%
!
$1.18

This entire post is predicated on you having badly misread what...
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Last
$1.18 |
Change
-0.085(6.72%) |
Mkt cap ! $815.1M |
Open | High | Low | Value | Volume |
$1.27 | $1.27 | $1.16 | $3.705M | 3.105M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2155 | $1.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.19 | 3794 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 512 | 1.170 |
2 | 22000 | 1.165 |
1 | 4330 | 1.160 |
6 | 63840 | 1.155 |
14 | 68864 | 1.150 |
Price($) | Vol. | No. |
---|---|---|
1.185 | 3794 | 1 |
1.210 | 3906 | 1 |
1.230 | 3773 | 1 |
1.250 | 9534 | 1 |
1.265 | 8884 | 1 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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PNV (ASX) Chart |