AVR 5.48% $14.25 anteris technologies ltd

Why no moment yet, page-3

  1. 6,439 Posts.
    lightbulb Created with Sketch. 42
    Yes it was a great announcement, but why isn't it going up.
    IMO at the end of the last 1/4 we had 7 million buck, we got 8 million from the softsn= 15 million, then we chucked a buck or two at it =ing 10.1 million = 25 million, then with this new add to that 3 million more bucks give you 28 million bucks.
    Now for the bad part we have 20 million bucks left, so we had a cash burn for the last or this 1/4 of 8 million bucks, this is not good for now.
    But back to todays news we need to it keep growing even more that what they have said today. It does look like it will but they need to lower the cash burn or make lots more money.
    Also IMO they have not said what the money was spent on, if we have taken a larger stake in the vaccine this would be good, and I am of the opinion that they have. And they may have spent a large amount on making the market aware of CardioCel which is also good and will prove to be once more sales roll in
 
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