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melody432

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melody432

Re: jugs post# 5656

Saturday, 04/25/2020 8:58:06 PM

Saturday, April 25, 2020 8:58:06 PM

Post# of 7496
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.
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