PNV - Chart, page-14716

Just plotted the RBA rate decisions on a my ideas chart as vertical lines (ignore how messy it is, I plot any and all of my ideas on this one to see what sticks!)

Interesting to note, there's a bit of a correlation between RBA hikes and PNV share price jumps - on the day or within the week. IMO it makes sense PNV would outperform other growth companies because it has less reliance on debt and such a high profit margin, rate rises put less financial pressure on it compared to other early stage companies. And lower costs probably make the product more attractive as you could imagine it would put financial pressure on some hospitals as well - an incentive to lower their costs.

Just an interesting thought and something to watch late tomorrow, who knows what we will see.