Avita Medical Ltd (RCEL)

[StLXer]

Avita needs to STOP selling shares. This company will go no where until they replace the CFO / CEO. It is disgraceful, and immoral to screw long term shareholders by still selling shares to fund operations BIG fat Period. The company has a game changing product and instead of seeking alternative funding for operations they dilute the common shares.

Read the filing it's no secret.

The next big news is going to be a Reverse Split. Common Share Buyer Be ware - your are going to get screwed!

A good product and a good company are two different concepts. The product is a game changer. The financial structure of this company is a disaster. This company will never survive but the product share. Re-dell wont help the "burn" common share investors are going to go through.

What an IMMORAL Shame- Investors should be screaming at the CEO/CFO! For what they are doing. The selling of the shares IS the DIRECT reason why this stock keeps falling.