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Polynovo Director Increases Stake in Company

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Polynovo Director Increases Stake in Company

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An announcement from Polynovo ( (AU:PNV) ) is now available.

Polynovo Limited has announced a change in the director’s interest in securities, specifically regarding David Williams, a director and controller of Moggs Creek Pty Ltd. The change involved the acquisition of 61,335 ordinary shares by Moggs Creek Pty Ltd, a related entity of Mr. Williams, through an on-market trade, increasing his total holdings to 21,549,970 shares. This transaction, valued at $85,975.35, reflects an active engagement in the company’s stock by its director, potentially indicating confidence in the company’s future performance.

The most recent analyst rating on (AU:PNV) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Polynovo stock, see the AU:PNV Stock Forecast page.

More about Polynovo

YTD Price Performance: -29.41%

Average Trading Volume: 2,705,969

Technical Sentiment Signal: Sell

Current Market Cap: A$994.8M

See more data about PNV stock on TipRanks’ Stock Analysis page.

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