Yes agreed the constant changes to guidance are not a good look it really doesn't inspire confidence. Since we have had a 40% drop in the SP in the last month you would assume that some of the bad news is already accounted for but I suspect it will drop even more unless they surprise to the upside which I feel is very unlikely. There's also been an increase in shorting activity which is never good.
It remains a LTH for me as the product is excellent & the market is huge.
Hopefully approval of go will spike the SP as presumably the shorters will have moved on by then.
GLTAH We might all need a big drink on Monday night
Ann: AVITA Medical to Announce First Quarter 2024 Results, page-4
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