PNV 1.51% $2.61 polynovo limited

I'm glad you're not in charge of my...

  1. 6,564 Posts.
    lightbulb Created with Sketch. 1098
    I'm glad you're not in charge of my assets
    Hahaha

    That's not what I'm talking about & nobody cares about minor price fluctuations in currency exchanges when it comes to sales of products (unless you're a commodity)

    That will be adjusted independently for each country & there are other costs/savings involved that you have to consider
    We can simply jack the prices up to cover any losses
    You're not going to have a burn victim say "no thank you, I'll go with the chinese aldi version" to save $10 on a product that doesn't work

    I'm taking about the inherent value of a business & for that you need a strong AUD
    Nobody invests in Australia if the value of our AUD is falling as it would seem worthless
    0.70 is a good balance for our market

    This is the AUD chart going back a few years
    I've circled some obvious downtrends & uptrends
    Red obviously downtrends & green uptrends

    There's the covid crash in the middle of a green uptrend
    The red arrow is the 5th august 2024 flash crash

    Correlate those with your stock prices & tell me you want the AUD to keep falling
    https://hotcopper.com.au/data/attachments/6484/6484860-5ef7be1289045a744d2a0ad755982eec.jpg
    Last edited by TheFadz: Wednesday, 12:51
 
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