Ann: AVITA Medical Investor Briefing to be held 9 October at 9am, page-32

Hi @Nekta, perhaps a holder can respond properly to that question. I made my thoughts known, prior to the last results being released, here: https://hotcopper.com.au/posts/55607272/single

But I would note this ^ was originally posted on 26 August when the SP was at $4.98 and there was a lot of talk (at least on these threads), in advance of the results being released, of the SP getting a big leg up. Well, the results released shortly thereafter certainly did show an improvement on the cash burn, as well as a revenue increase, but any share price appreciation was somewhat short lived. Despite the apparent good news, we now find ourselves down another 30c from when before the results came out. I can only assume the market has given a collective shrug, at least at this point in time. My assumption is that it relates mostly to cash management - as my post above notes, Avita have been raising, on average, A$53m of cash each year for the past five years. Just my musings - that's why I sold out anyway. Of course, this is HotCopper, and I'm a non-holder now, so what would I know?!