Ann: AVITA Medical to Announce First Quarter 2024 Results, page-131

Yep I think that all sounds entirely reasonable although I held on through the first drop you mention I did sell some at just over $4 when they came out with the sales figures and we had first bite of the cherry here. I was going to sell a lot more because I thought there was no way they would make the lower end of guidance but I thought oh the Nasdaq had a better response to us last time so I'll hold on & see what happens over there. Yep looked like a clown as it dropped like a stone so I didn't sell & bought back recently after watching the presentation.
Having worked in the medical profession I can fully understand how they would run down stock to get the newer Go & Avita have been very bullish about the approval so I do think there is a chance that the sales figures can improve quite dramatically after it's approved.
I take your point about sellers though my personal take is that there may be a steep rise with a bit of a pump for good measure then a sell off into the close, it's complicated by the dual listing & the shorts on the Nasdaq though.
What time are the results expected ?
Do we get first chance to react or the Nasdaq?
Anybody know?
Anyway GLTAH it'll be interesting & unpredictable