Hey Jugs!
Listen, I was told about AVITA approximately a year ago when it was still on the OTC at 1.93, i bought 1000 shares then, at that price and then at$3,35 and then 5.00, and then 7.75 which I think was around the time it became RCEL on the Nasdaq. Also bought today at 10.39
Point is that Polynovo’s product works well withRecell and it is patented. I see no reason that their product “Novosorb” won’t continue to grow alongside Recell, however, Novosorb is also being used in a number of other applications aside from burn treatments.
Having said that, poly will soon need a cash infusion and even if novasorb becomes a standard of care product/process, it is unlikely it will ever be on the level of game changer like Avita is in my humble opinion.
Nonetheless, it should be worth $5 in the near future and who knows beyond that. Im in for 450 shares at 2.10 and will keep following