Avita Medical Ltd (RCEL)

[Ctrxman]

I was able to pick up 5000 shares today at $5.80. This will become 1000 shares at $29 on Monday. I don’t think RCEL will stay under $30 very long after the new shares are issued. I think too much is being made of the reverse split and once it starts trading with a higher price and smaller float the stock will surge higher. I look for an announcement and new analyst coverage in the next couple of weeks.