AVR 0.00% $17.05 anteris technologies ltd

QLD hospital, page-18

  1. 509 Posts.
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    Interesting comment. I am not in Admedus for the pump and consumables business. It appears to be a profitable little business but the competition is huge and its not like we can expand to the USA and Europe. I would be in favour of selling the business especially if we nail a new contract or two. How much would the business fetch? $10m? I know that WP talks in terms of a marathon as distinct from a sprint but its about time that he progressed the vaccine division to a neutral cost. I would sell the pump business. Expand the 3D and Neo business to include Europe asap. The money is in the 3D and Neo areas so expand world wide to get to 50 or 100 centres of excellence and get to the $20m profit figure before 2020 or at least get to it with increased certainty.
 
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