Avita Medical Ltd (RCEL)

[inversor86]

Non FDA trial hospitals will be slow to add on. They have no experience and are not already equipped for Re-Cell applications/storage etc. I think there is more to getting into a new building then we probably would assume.

Also, consider that all these hospitals had just done their yearly budget planning right before Avita reps came in trying to bring a whole new system into their hospital. If new hospitals are low next Q too, then we know we're in for slow uptake at the remaining centers.

I was a PRAN investor before it took off, I remember their re-ratings didn't produce much movement but I don't have much experience with ASX otherwise.