Indeed, if investing was primarily about focusing on the past the greatest investors in the world would be librarians!
Many lessons can be learned from the past although what is important now is how well Admedus is going to go in the future. Wayne has proved over a 30 year career, launching 30+ products, being President at various stages of Merck's divisions across Europe, Japan and Emerging Markets that he's the real deal, he's also proved it at Admedus with a performance nothing short of absolutely remarkable that he can get the job done, and looking into the future I have great confidence he's going to lead this company to be the world's supreme regenerative tissue surgical company.
It's going to be something truly special.
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