AVH 0.41% $2.42 avita medical inc.

Yep, 1-3 percent drop is a daily occurrence for the worst stock...

  1. 131 Posts.
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    Yep, 1-3 percent drop is a daily occurrence for the worst stock of 2020. I reduced my holding a bit yesterday @$5.80 shortly after they announced they've appointed a CFO. I knew it's going to go back to the usual daily price drops once the euphoria wears off. I'm just going to wait for the next wave to sell more in the future.

    I can't believe some posters here refuse to acknowledge how the management tried to hide their incompetence by using the pandemic as an excuse while justifying their exorbitant remuneration. I don't understand why you're being labelled as a downramper when you've raised valid concerns about the company. Do people only want to read opinions which confirm their biased views? Do people just want to live in an echo chamber?

    I enjoy all the positive and negative discussions about the company and unfortunately, the outlook is not great since Avita's only strategy is to wait for the pandemic is over and the commercialisation of Japan market. This, whether you like it or not, has been reflected on the SP.


 
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