AVH 5.86% $3.07 avita medical inc.

2 Green Day's surely not, page-30

  1. 4,978 Posts.
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    Happy new year, @Nekta!

    I have no idea I’m afraid. I would *like* it to bottom here and start recovering because the product is life-changing and will be good for burns victims and society if AVH makes it to the big time.

    The problem I foresee is that when a stock is making 52w lows (as Michael Burry once observed) it can become a race to exit - so the downtrend becomes a self-fulfilling prophecy. Pretty much any investor over the past 12 months is underwater, especially the participants in the US$60M capital raise. If I had to bet, I‘d think it will keep drifting lower. But hopefully not.
 
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$3.07
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0.170(5.86%)
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No. Vol. Price($)
5 13407 $3.07
 

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Price($) Vol. No.
$3.08 2746 1
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