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Ctrxman

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Re: melody432 post# 6116

Wednesday, 07/22/2020 12:48:30 PM

Wednesday, July 22, 2020 12:48:30 PM

Post# of 7496
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?
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