AVH 3.80% $3.82 avita medical inc.

cheer up guys

  1. 7,594 Posts.
    lightbulb Created with Sketch. 2098
    I am fairly new on this page and the thing I am noticing is the tone of many posts is somewhat glum.

    I have spent the last few months posting mostly on the LNC page. It was very trying there for quite some time, mainly because the SP was being hammered and controlled by the HFT brigade .... they sold into every good announcement. There are no 'bots' manipulating the AVH trading [very pleasant]

    AVH is a bright prospect.

    When Fiona Wood stated AVH was at a 'tipping point' I doubt she was referring to the SP. I take it she meant the number of surgeons adopting the technique was approaching a critical mass. At some point the uptake of 'spray on skin' will become exponential. I like the approach AVH is taking, it seems to me a most sensible way to not only change the existing culture but to also entrench a new one.

    The trials being run in the US.... Can there be any doubt that ReCell will be approved? What is more, the timeline is fairly clear ... it might be like watching the grass grow, but grow it will.

    The trials for the treatment of ulcers. Does anybody doubt they will come back overwhelmingly positive?

    From what I can see, sales do not have to improve all that much in order to cancel out the cash-burn. This Co. is not going broke. In fact, it is hard to see how it will be dislodged out of the market once ReCell is finally established as the 'standard'. [Does anybody doubt ReCell will become the standard of care?]

    Long term, as far as revenue is concerned, one day every hospital will keep ReCell in the storeroom.

    The current SP is a screaming buy. Whenever I can scrape some pennies together I am buying more. What I see is a company with a unique, high quality offering, which is addressing a genuine need and which is going to end up monopolizing its market. It has definitely been a long time coming, but, this year, looks to me, is when everything finally comes together .... and next year is when it is cash flow positive. There are not many penny stocks on the ASX you can say that about IMO.





 
watchlist Created with Sketch. Add AVH (ASX) to my watchlist
(20min delay)
Last
$3.82
Change
0.140(3.80%)
Mkt cap ! $266.9M
Open High Low Value Volume
$3.83 $3.87 $3.77 $1.433M 374.9K

Buyers (Bids)

No. Vol. Price($)
1 3987 $3.82
 

Sellers (Offers)

Price($) Vol. No.
$3.86 200 1
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
AVH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.