AVH 1.62% $3.03 avita medical inc.

Powerful Cocktail

  1. 219 Posts.
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    Sources estimate $300m+ demand from Australia and Asia Institutions prior to US and European bids this evening (There are almost always inflated bids). Approx 30% of register is US. Outstanding short positions = approx 50m shares. Couple this up with ASX200 index inclusion this Thursday 14th (Australian Institutions currently under represented on the register). If the broker is smart they will not allocate to clients with short positions - watch the squeeze! Pretty powerful cocktail of events for Wednesday’s re-listing.
 
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