PNV 2.33% $2.20 polynovo limited

" Now how about we all go back to discussing something that is...

  1. 21 Posts.
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    " Now how about we all go back to discussing something that is easy to agree on, and that is why PNV is headed for $4 and beyond"
    I agree entirely with you TA007. PNV is currently growing at about 60%pa. If we project the share price over 5 years at that growth rate, it comes to about $24 (Get calculator, type in 1.6x2.33 and press the = sign 5 times). Additionally, the 60% growth rate largely excludes India, with France, Japan, China, South Korea and other countries (DW is looking at Indonesia) that are due to come onboard during that 5 year period. I know that it takes about 18 months to gain traction but even so, not only is the 60% maintainable but it could increase as some of these other countries have huge populations (eg. India and China both greater than 1.4 billion and Indonesia 280 million). I seems to me that the $24 share price in 5 years time is at the lower limit of what is possible.
 
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Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
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