PNV 1.24% $2.38 polynovo limited

PNV - Banter and General Comments, page-176

  1. 13,591 Posts.
    lightbulb Created with Sketch. 4831
    I can still see three drivers of the share price that should all be positive influences on where it tracks from here:

    • CE Mark in Europe - is it priced in? is all of it priced in? when will it come?
    • ASX200 entry - it takes time for funds to act on this - if I'm not mistaken any fund based around the ASX200 will now need to purchase some PNV stock
    • Increasing revenue - although there may be significant variability in the amount, its pretty difficult to see any way the revenue trajectory won't be strongly positive

    As for what's happening in the macro - plenty of companies will run against any downturn - I see Polynovo as well insulated against macro movements for a long time yet.
 
watchlist Created with Sketch. Add PNV (ASX) to my watchlist
(20min delay)
Last
$2.38
Change
-0.030(1.24%)
Mkt cap ! $1.642B
Open High Low Value Volume
$2.42 $2.44 $2.36 $4.288M 1.798M

Buyers (Bids)

No. Vol. Price($)
4 28177 $2.37
 

Sellers (Offers)

Price($) Vol. No.
$2.38 26895 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
PNV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.