It's going to be business as usual here in Avita Land---at least for the time being. DR. Perry is looking forward to the Japan approval while hoping for/expecting a resumption of fulfilling clinical registration in a number of initiatives. The number of burn centers now contracted continues its pattern of growth and, indeed, it's steady as she goes.
None here could be delighted with the quarterly results yet there is nothing to point to that in any way might indict Avita. Our company continues to pursue a number of opportunities and this bodes well for us stakeholders down the road. Key to my optimism is the steady growth coming from VACs for these form a solid structural base representing ongoing contracts with predictable income for the company.
Covid-19 hasn't merely slowed things, it has actually stopped a good deal of life in its tracks. While many will point to pediatric and Japan approvals as redeeming entities, I view the inclusion of a growing number of burn centers as the primary income source and it represents increasing acceptance of the Recell system. There will be greater income opportunities to come from the cosmetology sector, to be sure. But the
Pandemic has erected stop signs everywhere you look. When things come to a halt, time-dependent components slow to a crawl. So it is with our company. Yet we continue to demonstrate broader acceptance.
As an investor I'm securing my positions in a few picks, being of the opinion that this year is pretty much shot. So I'm eager to see sudden surprises but I'm not about to hold my breath and risk life and property. Instead, I continue building out positions in key picks and I'm figuring things will likely return to some level of predictable excitement come the first half of 2021.
In an important way, I've accepted that the pandemic has forced my hand and now I'm an ever longer long. It's life and I must accept it. Not to say there won't be little bits of fun with small positions in Ford or Bank of America, but I know where the real bread and butter are with the others like cinnamon on buttered toast.
Happy burping!
