Interesting. Hope long term Aussie shareholders don't get shafted?
Had to laugh when he declared Avita had to look beyond Aust shores. Firstly, it's done sweet bugger all in Aust anyway, despite being available for years. Second, it's also been available in overseas jurisdictions for tears as well. His making it sound like an epiphany is a joke.
Overall it sounds like he's using the capital every new CEO does to try to recast the picture, make a grab for capital, toss away old disgruntled shareholders by bringing in the new and riding into the sunset looking like a hero while ignoring the dead bodies (shareholders) he leaves behind.
Hope I'm wrong but I've heard the band strike up this song before.
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