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PolyNovo Limited (ASX
NV) shareholders might be concerned after seeing the share price drop 24% in the last quarter. But in stark contrast, the returns over the last half decade have impressed. In fact, the share price is 181% higher today. Generally speaking the long term returns will give you a better idea of business quality than short periods can. Of course, that doesn't necessarily mean it's cheap now. Unfortunately not all shareholders will have held it for five years, so spare a thought ...
>>> Read more: PolyNovo (ASXNV) pulls back 7.4% this week, but still delivers shareholders stellar 23% CAGR over 5 years
NV) shareholders might be concerned after seeing the share price drop 24% in the last quarter. But in stark contrast, the returns over the last half decade have impressed. In fact, the share price is 181% higher today. Generally speaking the long term returns will give you a better idea of business quality than short periods can. Of course, that doesn't necessarily mean it's cheap now. Unfortunately not all shareholders will have held it for five years, so spare a thought ...>>> Read more: PolyNovo (ASX
NV) pulls back 7.4% this week, but still delivers shareholders stellar 23% CAGR over 5 years