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AVH, AVITA MEDICAL LTD |
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![]() Posts: 790 Thanks: 1653 ![]() |
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![]() Posts: 141 Thanks: 231 ![]() |
In Reply To: odi01's post @ Jul 10 2020, 02:22 AM Is today’s release - “BARDA to initiate Procurement of the RECELL System for Emergency Response Preparedness”, a positive for AVH in that they receive US $7.6 Million plus supplementary funding of US $1.6 million to support emergency deployment of RECELL Systems, meant to be a positive result for AVH - my original interpretation - OR a negative in that BARDA now take over / bought it outright? I am struggling to work out why the price on the ASX dropped from AU$7.88 to AU$ 7.14 today. A reduction of this magnitude suggests to me the procurement exercise is having a negative impact! Would appreciate clarification from a wiser contributor. |
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