AVH 4.97% $3.06 avita medical inc.

AVH on NASDAQ, page-507

  1. 6,546 Posts.
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    Given your interest here are the facts. I have never held AVH. I remain interested in it, but not at these prices and not while they continue to burn so much cash for so little growth.

    When AVH to manage their cash burn and prove they have a sales strategy that works, I might buy. At the moment, that day looks to be much further away than I'd hoped so I'll remain watching from the sidelines.

    If you actually read my posts, you'll see that I suggested that AVH has been a sell not because its share price fell, but because it has failed to deliver the growth expected. It's obvious that the market has been disappointed in its sales and shareholders have been steadily selling the stock as a result. You have done the opposite and suggested everyone to HODL or buy while the obvious dumping of AVH shares has continued throughout the year.

    PNV on the other hand given you bring them up - have still managed to double their revenues in the past FY despite covid. Even in the last quarter they managed to deliver quarter on quarter growth of 33%. Why is PNV able to deliver sales growth in the U.S but AVH is not - despite having a crapload more money and spending big?

    Given you asked, I first purchased PNV when it was 17 cents, and I have only ever averaged up as the company continued to kick goals and execute their strategy. The returns have been enormous as a result. All my posts are there on HC for everyone to see - I suggested to everyone that the chairman, CEO and other directors consistently buying huge chunks of PNV shares was a big bull indicator. I averaged up when the chairman bought stacks on market, and it has retuned multiples of my money.

    At AVH, the opposite has occurred with the CEO selling millions of shares on market.... while you tell others to HODL as he dumps. Wow. Genius. You buy when the guy who probably knows more than anyone about how well the company is going starts to dump shares near the top of the market, then continues to do so... and you keep buying as it keeps falling and he keeps selling.



    If you tried focusing less on personal attacks and how well the company is going, you might actually pick up on these huge sell indicators at AVH
    Last edited by Sojourner: 02/08/20
 
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