AVH 8.00% $2.70 avita medical inc.

looking for 4.5 year breakout, page-6

  1. 35,745 Posts.
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    I'm all for much higher prices but i still think it all lays with FDA approval later this year or early next. The chart over long time periods sure is a nice picture but you also have to look into what has occured over that period - restrucutred / consolidated / collapsed / new name/ new company / new management.. Alot has changed and it will come together as ReCell ticks the last boxes over the next 12-18 months but i still think the events that have unfolded over the past 5 years & the structure of shares on issue really puts the chart largely removed from the period.

    FDA IND and where off & running IMO OTCQX was nothing to get too excited over but what it is doing is setting up an easy run to NASDAQ listing down the track, my guess & it is only guess is they'll make a move when FDA's signed it off. That's when pharma will get hungry when approvals in the bag & the biggest markets door is flung wide open.

    Anyway I'll be might happy with earlier suprises but my eyes still on the 12 month forward timeline for significant moves.
 
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