Avita Medical Ltd (RCEL)

[melody432]

I'd point out there have been NO change of substantial holder notices (other than Vanguard who was accumulating a 5+% position) throughout this slide. That means none of Avita's major shareholders have been selling. For a foreign listed small cap biotech they have a very substantial institutional and insider holding. Despite what the blokes on Hot Copper think, this is the right move for Avita. Sales, production and workforce all in US, a market that dwarfs Australia. Think most of the selling this past week was retail in Aussie land.