PNV 0.41% $2.45 polynovo limited

i dont agree sick or injured people seek treatment regardless of...

  1. 523 Posts.
    lightbulb Created with Sketch. 57
    i dont agree sick or injured people seek treatment regardless of macro conditions. the stats dont shoe that. in s recession even consumer spending drops on healthcare: anything that individual deems not as critical they wont get treated they will delay treatment or forgo it completely. higher unemployment due to increased interest rates the US market many employers offer healthcare as part of their employment perks; if they loosr their job they loose their provate healthcare. i agree its recession resistant but its not recession proof.
    serious burns though or where skin needs to be replaced wouldnt be considered discretionary healthcare; but things like diabetic ulcers might be for the aging individual.
    apparently the ebitda of most major hospitals dropped by 30% in the last recession.


    lets see how the hiring goes.
    im not being negative of polynovo im just a realist.
    i worked in recruitment for a very short time so also got to see what it is like as a recruiter; how companies hire and how sometimes candidates and jobs fall through.

 
watchlist Created with Sketch. Add PNV (ASX) to my watchlist
(20min delay)
Last
$2.45
Change
0.010(0.41%)
Mkt cap ! $1.691B
Open High Low Value Volume
$2.45 $2.51 $2.43 $5.243M 2.122M

Buyers (Bids)

No. Vol. Price($)
5 35541 $2.45
 

Sellers (Offers)

Price($) Vol. No.
$2.46 2681 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PNV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.