AVH 4.48% $2.80 avita medical inc.

I find it staggering that after many years of waiting AVH...

  1. 2,235 Posts.
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    I find it staggering that after many years of waiting AVH finally manages to get FDA approval, commences commercial sales and then loses 36% of it's market value in a month. Absolutely mind boggling....!!


    ...even more so because the board/mgt don't seem to care, as in they are making no effort to market the business or manage their shareholder base....to whom they have a fiduciary duty as the managers of company on behalf of owners of the business.


    Haven't they employed new high-level marketing people for the last X months - all paid for by BARDA? I'm kind of curious about just what the hell those people have been doing for the last year or so? 


    Why haven't they been trying to manage the over-hang of shareholders dumping cheap shares into good news?


    I'm a bit confused and frustrated as I've never seen a company with such a good product being run so poorly. Surely somethings got to give..!!?


    Anyone care to share any thoughts about why AVH and mgt is doing so badly?

 
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