AVH 6.02% $3.17 avita medical inc.

Daily Trend, page-4

  1. 1,185 Posts.
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    "...I bought into AVH some time back at 14c and sold out for over 20c."

    That might have been around March 2012, Dude.

    The stock reached a peak of 24c on March 30 that year before starting a steep and prolonged downtrend.

    About seven years earlier Avita shares hit 37c.

    Of course, the MC then may have been lower than today's level of $47m.

    If the shares climb back to 20c before the planned CR, the MC will be $84m.

    If they top 20c after the CR the MC will be approaching $100m.

    So far this year the shares have risen 34.2%. On a 52 week basis, they've risen 14.6%.

    To get from 11c to 20c they need to rise another 81.2%.

    It's possible $AVH will soon touch 20c. But is it probable?
 
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