Replies to post #6683 on Avita Medical Ltd (RCEL)

[miketrav69]

Rather than attack the current CEO, what would you do to better stage Avita for prosperity via operations?

In other words, What changes would YOU introduce?

Also, what have you personally undertaken to remedy situational issues now failing to meet your objectives?

Please refrain from responding by telling us about removing
DR. Perry. I have no problem with your putting him down but I haven't seen your administrative suggestions that you personally believe would greatly improve corporate results.

I understand this is a trying depressing time for longs but as judge smails from caddyshack said " the world needs ditch diggers too"

What would I do different? Very simple. This stock isn't failing because of poor sales folks. Many stocks are pumping with poor sales. This stock is failing because investors have zero faith in the ceo and management. Why? For reasons I have said many times.

The reverse split killed all positive market sentiment around this company. Many longs sold and new investors were scared off. The ceo made a bad choice and he basically destroyed the company by splitting. Which I told you when he did it to sell. The ceo also has dumped a good percent off his own shares after pumps over the years. That also turns off investors. Kind of like the captain abandoning ship while telling the crew all is ok. Management has also given themselves raises as the stock fails. Management is trying to get whatever they can out of the company before they are fired or company goes under. Or the company gets bought out for pennies on the dollar.

The buck stops with the ceo. The ceo here destroyed the company. Destroyed positive market sentiment. Turned off new investors by showing he is not loyal and only looking out for himself.

If the ceo isn't removed soon this company is done. I'm shocked he is still allowed to be there. He's laughing at you guys right now milking it.