Polynovo Limited

ASX:PNV

Polynovo Limited

ASX:PNV
TradeAdd trade order Follow Unfollow Set Price Alert
$1.230 (+1.7%)
Last close price
#37
Rank
28
Held by
72
Followers
TradeAdd trade order Follow Unfollow Set Price Alert
Reports (12) My Report Forum Investors
Forum Topics PNV PNV Chairman - Allegations

Pinned straw:
Parko5
Added 2 months ago

https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fbusiness%2Fmargin-call%2Fpolynovo-chair-david-williams-pushed-to-resign-adrian-portelli-posts-about-being-sick-from-oysters-day-before-court-hearing%2Fnews-story%2F0ea229cbd915430b06b0194850d73f3e&memtype=anonymous&mode=premium&v21=HIGH-Segment-1-SCORE&V21spcbehaviour=append


Basically alleging that DW has been bullying and said som inappropriate  things.


DW does like to say some things that are right on the edge. But I personally love that. For instance, his comments about Gina Rinehart and Andrew Forrest being the custodians of lands in Australia I find very witty. And I have Aboriginal blood in me.

The part about Bullying is strange. It doesn't come across that way in any of the webinars. They seem to work really well as a team.


Why now......???

  • Shorts obviously knew this was happening (why is this not insider trading?)
  • Maybe part of the short play to push down when RoW growth was slow.
  • Also explains why DW was not happy in the H1FY2025 webinar.


What happens if DW resigns?

  • Will it push the SP down (yep I think it will)
  • Will DW sell his shares (Maybe....but he loves to make good deals...so I think this is unlikley at these SP levels)
  • Who would step up to Chair? The other board members are pretty quiet and seem to sit in the back.


Best to wait and see how this unfolds.....
Dominator
Added 2 months ago

To answer the will he sell question... I remember from a podcast where he was interviewed and he talked about always getting a free carry amount of shares (and I think some control too). In which case my guess would be he would sell if he was kicked off the board to lock in that free carry trade. He knows how to sell a stocks story and doubt the share price would have been so high without his promotion of the company.

23
Parko5
Added 2 months ago

eaaa6f0818a02b7f4e40f5481e72ae88b8ea4f.png

db6eec8690c8e2c5ec7e141e98cb5724925ec6.png


913a02d0d382c83ff95909624f65172d996f5d.png

cc16e8ee2640016f7deed9b76618ab7602284d.png

24
wonkeydonkey
Added 2 months ago

I see this alert has popped up...........PNV confirms that on Friday last week there was a confidential discussion with the Chief Executive

Officer, Mr Swami Raote, requesting his agreement to cease his employment with PNV effective

June 2025 at the end of his contractual notice period and to step down as Chief Executive Officer

effective from an earlier date. The discussion proposed terms for his separation if agreement was

reached and revealed that non-executive director, Dr Robyn Elliott, would be stepping into the role

as Acting Chief Executive Officer pending the appointment of a permanent replacement

21