AVH 6.48% $2.63 avita medical inc.

Ann: Court approves scheme of arrangement, page-5

  1. 170 Posts.
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    • The company is redomiciling to the US.
    • Meaning it's primary listing will be the US listed company RECELL.
    • It will continue to be listed here in Australia as AVH.
    • 1 RECELL share equates to 20 AVH shares. You can work out the price relationship by dividing by 20 and using USD to AUD conversion.
    • No change to business or company operations. Burns still need treating ASAP.
    • This just makes the primary listing in the US official.

    IMO the company can move forward, and SHers can look forward to some good news about actual business / sales / growth etc.
 
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