Avita Medical Ltd (RCEL): Although I agree the approval of Recell...

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Avita Medical Ltd (RCEL)

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Re: jugs post# 4564

Tuesday, 12/31/2019 1:37:57 PM

Tuesday, December 31, 2019 1:37:57 PM

Although I agree the approval of Recell in Japan is an important milestone to pave the way for sales there I don't think the announcement itself will have much impact on the stock as it's almost 100% assumed/baked in that approval will be granted. I believe it is the Japan sales themselves that will drive the stock higher once they materialize and people can see the uptake.

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