Will certainly be interesting to find out how sales ACTUALLY track c.f forecasts.
They have now TWICE confirmed forecast sales of $78+ M for the year.
To achieve tat, the run rate ofsales needs to average about $22M or $23M per quarter..
We will know around 24/August I guess.
It is plausible though. They had had sales around $15M / quarter...so you would need say..$18M + $23M + $25+M for next 3 quartera???
That would be a mighty growth rate. Who knows if it is feasible?
We could yet see the s.p. around $2.20 or even $2.00 am guessing but am too much in deep Sh.t to sell now.
Long term story or bust I guess.
Ann: AVITA Medical to Announce First Quarter 2024 Results, page-66
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