Thanks for your thoughts. I feel the same way at the moment. However, I don't think now is the time for them to lay off sales staff. It would be too disruptive at such a crucial time. I think they all need to work together to:
1. Ensure RECELL GO approval on 30 May and launch on 31 May (I still think sufficient work has been done here);
2. Educate and train the sales force in all things RECELL/GO, PermeaDerm, and reimbursement for both products (surely, this has happened / is happening);
3. Ensure they ramp up FY24 revenue to around $68M (at this stage, I don't care if revenue doesn't grow at 50% YoY to reach profitability in Q325);
4. Continue to focus on VAC approvals and train surgeons (73 new accounts in 3 quarters actually exceeded my expectations ~ for burns, it took 5-6 quarters albeit with less staff).
You're probably at least 4 steps ahead of me, but if they don't look like they'll succeed on steps 1-4 then hopefully we have a responsible board member that can find a buyer.
BTW, I liked your pony saying (another one I hadn't heard and had to search). It put a smile on my face during these crappy times.
- Forums
- ASX - By Stock
- AVH
- Don't consider selling before profitability
Don't consider selling before profitability, page-324
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVH (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.51 |
Change
0.060(2.45%) |
Mkt cap ! $166.4M |
Open | High | Low | Value | Volume |
$2.48 | $2.52 | $2.46 | $323.3K | 129.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3222 | $2.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.51 | 524 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3222 | 2.480 |
3 | 7884 | 2.470 |
5 | 16797 | 2.460 |
13 | 28306 | 2.450 |
2 | 12258 | 2.440 |
Price($) | Vol. | No. |
---|---|---|
2.510 | 524 | 1 |
2.530 | 4000 | 1 |
2.550 | 1500 | 1 |
2.560 | 4086 | 2 |
2.570 | 1000 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
AVH (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online