AVH 3.85% $2.50 avita medical inc.

Maybe there is some element predicting a miss on GO but it could...

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    Maybe there is some element predicting a miss on GO but it could be part of the further decline on Friday was because it's ticking down to what won't be a great financial update and some have been hoping for a positive announcement as a counter balance. I can't see any reason to think GO won't be approved other than there is now a heightened distrust of management. I'm hoping the competency of the scientists and technicians is unrelated. It's possible with nothing to buffer what's coming on Monday the EPS could be quite ugly and lead to some further SP decline. I have no idea what to expect but if it gets beaten down further then I would be feeling there is a good possibility of a bounce back with GO even if not to the level we were once hoping at this point in time. Longer term the product is awesome and still has a chance to realise it's potential because of the limited competition over a decent horizon. Personally I still hold a reasonable amount but am waiting to hear the update before making a call on what to do next.
 
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