Replies to post #6455 on Avita Medical Ltd (RCEL)

[melody432]

My understanding of Australian tax law is that options are taxed when exercised. Perry recently exercised AVH shares equivalent to 83k+ RCEL shares. The shares he sold for @ 1.3 million is to cover his tax on the full lot. Still holds the other 50k+ shares. If you're going to fire Perry you better fire the board and all major shareholders since they approved all this in a vote awhile back.