Avita Medical Ltd (RCEL)

[Ctrxman]

I have to admit I was “WAY” wrong in my analysis of Avita’s prospects immediately after the reverse split. One thing that I did not consider was the impact of the redomicile on the Aussie shares. Since it is now a US stock and no longer part of the ASX 200, the has had to be forced selling by any tracking funds involved with that index. I wonder if that might be a factor in the recent steep decline or whether I being delusional and not seeing something far more obvious. Thoughts?