Avita Medical Ltd (RCEL)

[jugs]

Just to keep things kosher (visibility required always):

Just now I placed a GTC+ extended hours offer to buy 400 shares of RCEL at $25.00. This would/will round my holding out to the nearest thousand shares up.

This comes up as it should be obvious that in the coming week or two we may well see $25 on the playing field. I'm ready for it as a lot of investors will bring pressure to bear on solid companies such as this one is. Mathematical probability suggests $25 as it would merely duplicate today's drop albeit in a continuingly downward spiral.

It would have been foolhardy to be adding to positions over the past month or so, given all the uncertainty stemming from the redomiciling effort, the reverse split and, of course---Covid-19's impact on virtually everything within sight and beyond. I have to admit I did buy some RCEL towards the close of June. I think I was feeling invulnerable being as I was sitting on a bunch of cash derived of having sold a lot of shares earlier in the month. I screwed up for sure.

For now, though, I've got my plan in motion. I hope others here will follow through on their own plans and set them in motion.

Have a great weekend, folks!