Sounds like the same guy who confirmed FY23 guidance in late October and lowered it a little over 4 weeks later.
Maybe this guy can pull him aside and have a word to him“Setting guidance isn’t an exercise in sandbagging. It’s an exercise in credibility and very different to what has been done before,” he says.
Still, Mr Corbett is aware he will join Avita’s conga-line of fallen CEOs if the definitive deadlines and targets are not met.
“Investors will kill me if I don’t achieve them,” he says.
Now we're sitting on a P/S ratio of <5x and an EV/R of around 4x, the lowest they have been since November 2022.
Don't consider selling before profitability, page-354
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