PolyNovo Limited (ASX
NV) shareholders might be concerned after seeing the share price drop 30% in the last quarter. But over five years returns have been remarkably great. Indeed, the share price is up a whopping 394% in that time. So it might be that some shareholders are taking profits after good performance. Of course what matters most is whether the business can improve itself sustainably, thus justifying a higher price. While the long term returns are impressive, we do have some sympathy ...
>>> Read more: Investing in PolyNovo (ASXNV) five years ago would have delivered you a 394% gain
NV) shareholders might be concerned after seeing the share price drop 30% in the last quarter. But over five years returns have been remarkably great. Indeed, the share price is up a whopping 394% in that time. So it might be that some shareholders are taking profits after good performance. Of course what matters most is whether the business can improve itself sustainably, thus justifying a higher price. While the long term returns are impressive, we do have some sympathy ...>>> Read more: Investing in PolyNovo (ASX
NV) five years ago would have delivered you a 394% gain