PNV 8.02% $2.29 polynovo limited

PNV Media Thread, page-50

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    Breakeven back in April was for U.S operations. Forecast in the presentation the other week was for breakeven in "Early FY20" which starts next week.

    What that tells me is that they have enough sales in the last few months and enough in the pipeline to publicly give that guidance. Bear in mind costs have also gone up as they have recruited and expanded their operations so the sales growth must be very good.

    All in all, I would expect PNV to be getting sales revenue in excess of $2m a month well before the end of the year, perhaps around Sept/Oct. All IMO. Dyor.
 
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