Avita Medical Ltd (RCEL)

[melody432]

Ditto Ctrx. I like the proactivity of management. The 3 equity raises they've done in the past year and a half have all been well used to propel the company forward. The first bought the production facility which lowered costs and raises margins. Second got an experienced sales and marketing team up and running shortly after approval. The 3rd was done in a friendly climate at a good price and oversubscribed. Thanks to that they are well capitalized. I believe the wound trials are likely progressing but due to Covid19 the vitiglo trials are probably on hold. Wish BARDA would get off it's butt on the pediatric burns as there are likely more scales with everyone staying at home.
Agree with you on negative posts, they can make you stop and dig a little deeper, occasionally they even have a point. Unfortunately the current basher, who does fly bys occasionally, tends to take real data out of context and turn it into something it isn't. But that seems to be a fad in the social media age. Once I figure out a poster is full of carp I just don't bother opening their posts.