AVH 4.11% $3.50 avita medical inc.

So the share price got hit about 15%,...so what...unless you...

  1. 379 Posts.
    lightbulb Created with Sketch. 16

    So the share price got hit about 15%,...so what...unless you were looking to sell and cash in YESTERDAY on the gains over the last 3 months whats all the concern about.If you're an investor this is just part and parcel of the ride to our final destination....FDA approval....and the kudos that goes with that stamp of approval and of course the biggest single market in the world....the good old USA.



    Does Recell work...YES
    Is acceptance of this product growing....YES
    Are key oppinion leaders in this field spruiking the results of Recell.....YES
    Are sales up....YES (in fact doubled since last corresponding quarter...lol)
    Does Avita have a strategy in place for expansion...YES

    There are so many boxes ticked for Avita....the foundation has been laid in the last 4 years....Bill Dolphin is executing the developement of this business perfectly to take Avita forward to the next stage.


    The quarterly states that Recell sales are up 104% over the last corresponding quarter 1n 2011....people must forget that untill recently it's taken Avita over 8 years to sell just 3500 Recell kits...

    Lets say out of the 941k from receipts/royalties 500k was from Recell at $1,000 a pop thats 500 kits sold in the last quarter and lets say we get 20% growth on each quarter over the next year...thats 3220 Recell kits sold in the next year...not 8+years...I know these numbers are very rough...(and most likely understated) but as you can see the GROWTH that is happening now is VERY VERY Good from a company that has had to re-invent and re-present itself the second time round to the community because the first boffins that had the reins Absoloutely STUFFED it up.

    Avitas stratagey is working....and the fact that they have now ceased sales and marketing of the respiratory products outside of Australia to concentrate on Recell and creating Avita Medicals new identity of being a Leader in it's choosen field of Regenerative Medicine shows great confidence and dedication going forward.

    The way people go on about this stock they must think it's a blue chip, well it's not. It is a spectulative growth company with proven Disruptive technology that is on it's way to prove itself Globally....and each quarter that goes by it is getting a little bit less riskier as the growth in sales expand....and yep there's gonna be lots of ups and downs in the share price along the way...if you can't handle the heat get out of the pot....

    Thats my 2 cents.
    Cheers, Bent
    DYOR




 
watchlist Created with Sketch. Add AVH (ASX) to my watchlist
(20min delay)
Last
$3.50
Change
-0.150(4.11%)
Mkt cap ! $244.5M
Open High Low Value Volume
$3.79 $3.85 $3.32 $3.375M 944.0K

Buyers (Bids)

No. Vol. Price($)
1 1000 $3.50
 

Sellers (Offers)

Price($) Vol. No.
$3.53 19524 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
AVH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.