Avita Medical Ltd (RCEL)

[jugs]

Eventually I expect we will trade with the majority of the market. For now there's an obvious disconnect or, at the least, time is needed for things to catch up.

Today's selloff had me buying so as I look forward, I'm feeling pretty good about my buys today.

I'm not stuck in any pandemic-induced gloom. Instead, I'm looking past this difficult time, expecting nothing great near term other than for the possibility there'll be an exciting PR announcing Japanese approval or gains made in the quest for pediatric acceptance or a mini-Recell kit. Sooner or later something will grab the headlines and we longs will be the better for it.

So for now I do what I can to strengthen my balance sheet by way of lowering the cost basis. And more shares of a successful company will usually translate into heightened profitability later on. I'm not experiencing disappointment at present---the virus
is doing what the virus will do and we, as a nation, seem to have done less than a little in anticipation of what was obvious to some, but not all. To wit...

On February 2nd I closed myself off physically from the populated world. This entailed stocking up on canned and dry goods before the shelves were bare. I filled the freezers---two chest type and two refrigerators. I notified my church I'd see them maybe next year sometime. And I notified area friends that I saw a death threat around the corner.

People laughed at me in a nice way but I've never been an alarmist which they knew. And now, of course, we are all doing much the same thing I did and continue to maintain.

Good fortune to you!