AVR 1.29% $18.31 anteris technologies ltd

Ann: Extension for Voluntary Suspension, page-258

  1. 48 Posts.
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    I agree, the last two financial years revenue has been consumed, in salaries for no real improvement, I cannot see how this outfit can survive, costs of manufacture appear to be 40% overheads 32%, to even look like breakeven requires four times 2018 Fin year revenue. $100 Million Sales less 40% cost leaves $60M less overhead $32M leaves $28 M less Wages $24M very small profit, Sure you can argue overhead need not rise with increased revenue, but to on past results sales cost would have to because the staff they currently have not performed. Cant see it, yes it's a speck stock, I swallowed the Hipe, at .33 cents, so i don't believe there is a solution, If the Ip and patents have value at its current vale it would have been snapped up, this is a fast moving tech front, 3D printing with Human materials are progressing as we speak, no time to be in suspension, The rules of suspension require management to keep the market informed on progress, That is not happening.
 
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