AVH 2.36% $3.03 avita medical inc.

Lets hope that once/if FDA approves Recell, AVH have contracts...

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  1. 136 Posts.
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    Lets hope that once/if FDA approves Recell, AVH have contracts ready to sign with people wanting it. This would save them from a CR which they desperately need. Burning through 3mil a quarter and only had 7mil in the bank last q. Last announcement also said that as they prepare for US commercialisation, the costs will increase. Would be nice if there was a CR prior to FDA announcement as it will let us top up at a discounted rate before FDA. However, cannot see the company risk offering shares for a low price if FDA is immiment.. which it is, as the timeline is April to October. Exciting times really, the SP has hit rock bottom and with an acceptance into the US Market through FDA approval, there is only one way the share price will go..
 
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