Seriously? The 18m was the investment to advance the assets so they have more data and results so they can list the company on the Hang Seng. That money was put into AI (a separate company) - not into Admedus Limited.
Without this investment the assets would be worth next to zero without the capital to progress trials.
We've basically got a option for the success of this new business. If the next set of results are good and they IPO the company at a large valuation we could cash out there and bring the cash back to our balance sheet, or could hold on and hope for eventual commercial success and a larger pay day.
- Forums
- ASX - By Stock
- AVR
- Ann: MOU signed for Admedus Vaccines
Ann: MOU signed for Admedus Vaccines, page-9
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVR (ASX) to my watchlist
|
|||||
Last
$18.00 |
Change
0.000(0.00%) |
Mkt cap ! $346.0M |
Open | High | Low | Value | Volume |
$18.00 | $18.10 | $17.70 | $58.64K | 3.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 109 | $18.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.10 | 700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 109 | 18.000 |
1 | 25 | 17.800 |
1 | 48 | 17.750 |
1 | 220 | 17.700 |
1 | 26 | 17.650 |
Price($) | Vol. | No. |
---|---|---|
18.100 | 700 | 1 |
18.300 | 150 | 1 |
18.500 | 43 | 1 |
18.690 | 550 | 1 |
18.750 | 143 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
AVR (ASX) Chart |