AVH Chart, page-57

New Covid cases in UK, other general macroeconomic pessimism and pressure (inflation, Fed interest rates, war), and forced liquidations among investors and hedge funds all over due to crashing crypto, stocks, and bonds are causing the perfect storm for selling (in the US anyways). The macro is weighing heavy, and there's risk that the micro is being impacted by the macro, but people are going to keep getting burned, and Recell's going to keep treating patients, especially the easier to use Recell device. The economy is still strong, and roads are very busy, and auto accidents are high. The cash runway of 2-3 years should minimize fears, especially since trials are already complete, so there's no more risk of not being able to find patients for Vitiligo and Soft Tissue studies if Covid were to spread in an seriously-economy-slowing way. The management team appears very optimistic in their conference calls, and they don't seem to understand the disconnect between the reality and the SP. Sales revenue is increasing continuously, and management is being conservative with guidance while accounting for the threat of Covid in their guidance. I think of the price as a buying opportunity and a great chance to lower cost basis for longs.