Avita Medical Ltd (RCEL)

[melody432]

The last offering was at .08 for half a billion shares. Price never went below .08 and was at .39 within 3 months of the offering. That was a 37% dilution raising $40 mil. This will be a 9% dilution raising $100 mil. We might see 8 again but I doubt it will last long. $100 mil will go a long way toward getting to their ultimate goal of $2 billion in sales. Investors understand that.