AVR 2.40% $10.15 anteris technologies ltd

Wayne promised no CR, page-141

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    There’s no privilege just to exist, there’s cash for growth of company. Sometimes that takes longer than planned and expected, and that’s where the risk and reward obviously comes in. Some don’t grow. You can argue about the 7-9 cap raises whatever, but you can also argue that the company in the last 2 years or so isn’t the same company it was when it first came out. It poured money into the vaccine without any real promise of return, adapt had awful production rates, there was no real growth or expansion plans, cash was being burned at 2-3x the current rate with no revenues to back it up. Not even close to being the same company, they didn’t seem to understand the potential of the tech they had and seemed to want to use that to try and fund the hope of a vaccine. The asx does that aa nobody has a gun to their head forcing them to invest. Apple could have easily been shut down at one point, they nearly went out of business. (No I’m not making a comparison that ahz can be Apple) if nobody continued to raise and invest, the iPhone wouldn’t have existed though. Risk and reward is there. Ahz is grossly undervalued, dilution or not.
 
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