Just on the point of those sales updates:
April 2021 and May 2021 monthly total BTM sales were ~$2.1m each month.
If April 2022 is $2m it will be disappointing.
If April 2022 is $3m it will be a BIG jump on last year.
If April 2022 is $4m it will be nearly DOUBLE last year.
My modelling (which tends to underestimate coming off Covid figures) projects April to be $3.5m
David Williams chat with Chris Judd would suggest Polynovo won't be averse to updating on April or May or both.
So I can see two opportunities on sales alone that might accelerate the current upwards trend in the SP.
Whereas I see zero chance of Polynovo being dropped from the ASX200 in that period. (And even in June, crossing your fingers is NOT a good investment strategy).
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$2.64 |
Change
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| Open | High | Low | Value | Volume |
| $2.62 | $2.64 | $2.58 | $2.297M | 877.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 2375 | $2.62 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 3584 | 1 |
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| PNV (ASX) Chart |