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Avita shares slide on $5m placement

Shares in technology company Avita Medical tumbled today on news it had closed a heavily discounted placement to raise $5 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
thVonex
108thI Synergy Group38%
130thAvita Medical26%-1%
333rdKatana Capital-6%2%
421stRefresh Group-18%12%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/12/17
$75k Bought
29/12/17
$10k Bought
28/12/17
$5k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

86th↑Avita Medical$11.3m
87th↑I Synergy Group$10.8m
88th↑Katana Capital$10.3m
90th↓Refresh Group$8.8m
91st-Vonex$8.5m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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