Avita Medical Ltd (RCEL)

[inversor86]

Avita Medical announces non-renounceable rights issue to
raise up to approximately $11m

Ended up bringing in 9 million AUD, but likely is the reason for the amount of cheaper shares that showed up and continue to show up in the U.S. listing.

Buying swapped shares from a placement is usually a lucrative move. As we near results from the FDA it should tick up considerably.