Replies to post #175 on Avita Medical Ltd (RCEL)

[inversor86]

Hi Lurk. The company doesn't seem to have any proactive investor relations people who might find new investors. I think because it has taken so long for the company to get FDA approval that at a glance there is hesitation to invest ahead of FDA. What the company needs is doctors to invest their time rather than their money. Once the euphoria from FDA approval wears off everyone will start focusing on adoption.

[miketrav69]

With this company we are in the early stages. Like apple or Microsoft in the late 70s. You have to understand that this technology recell spray on skin well eventually completely replace the skin graft . It's already being used in some hospitals in Australia and Europe for that purpose . The skin graft is an old barbaric painful technology been around for hundreds of years . It takes time for doctors to adopt to a new technology and learn new things doctors are hardheaded . The US government /military invested millions into this product and the product works. It's being used cosmetically all over Europe. But at this point only some elite doctors are using it and it's not mainstream yet . The product is also not currently approved in the United States by the FDA . It will probably be approved sometime next year . My opinion is now is the time to get in on this company and invest . The future is recell spray on skin and regenerative technologies for skin ailments. Eventually the cosmetic use for this product will be more than the burn unit uses. for example, treating people with scars acne scars plastic surgeons will be using recell. The laser cosmetic market is $1 billion dollar industry. And keep in mind the first laser for cosmetic use came out in the early 80s but not until the mid 90s did it become popular. I predict with in 10 years every burn unit will no longer be using a skin graft and will be using this technology. Every cosmetic dermatologist plastic surgeon will be using this technology. Right now you have Americans flying to Europe so that they can use this product cosmetically.