AVH 0.00% $2.48 avita medical inc.

Ive copied some bits of it below. Interesting read... They dont...

  1. 70 Posts.
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    Ive copied some bits of it below. Interesting read... They dont recommend it. These are my concerns as well and thats why I sold out early this year.

    There are other red flags, too: the company's clean balance sheet was achieved with a $120m capital raising last year, but it was only open to institutional investors - retail shareholders were heavily diluted, so the company doesn't pass our 'shareholder-friendly' test. Then there's chief executive Michael Perry's 2020 pay cheque of US$17m in cash and stock grants, with a further US$8m going to five senior personnel. When management takes home more than their company earns in revenue, our eyebrows are firmly raised.
 
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