Avita Medical Ltd (RCEL)

[tdeck]

It may test 7's once or twice may not, its how stocks build strength filling all the gaps as it rises, some sell a few on each leg it achieves other add or start a position on that same leg.

Did it from 2-3 then 3-4 then 4-5 then 5-6 then 6-7 then 7-8 nod now with 8-9 it will do the same thing, laying solid oak floors all the way up.

Rock solid 10 by Xmas 20 by mid/late summer then its a whole new ball game when juvenile approval comes in.

Revs will double overnight no VAC's to wade through and the BARDA contract can finally be filled, then bye bye birdie.

IMHO the next very significant happening not that there will not be others like the yet again 100% increase in revenues and more burn centers added now that their VAC reviews are done, this it the timeline for that windfall to start happening , btw.

But the most significant next happening is the JPMDA approval that has many positive things tied to it, including the possible Japanese government purchase of a supply right from the jump to have on hand for the Olympic Games, in the first PR when we partnered with the Japanese firm M# through their subsidiary Cosmotec. This is one of if not the most important reason why they put ReCell on the fast track approval route.

https://www.forbes.com/companies/m3/#6021a3e95703

In Japan to do business as with most Asian countries you must partner with a home company in the country itself. The could not have picked a better company.

https://cosmotec.com/english/

I mentioned this months ago, never really spoke much about ti since, but just prior to announcing the deal with ReCell the received a license to manufacture medical devices. To me this was very telling, they could/should produce ReCell for sale not only in Japan but South Korea first and foremost but the rest of Asia as well.

No import headaches to Japan and easier sales made throughout Asia, just an opinion, putting the pieces together.

https://cosmotec.com/english/

As always if you start or add a position do on the dip, this is an investment and has been since the jump its all I get involved with to this extent. It could test 7 all stocks test as they climb the mountain you just be there to take their place.

Peace out.