AVR 8.17% $9.10 anteris technologies ltd

cap raising, page-18

  1. 6,439 Posts.
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    Hi Peter
    Their cash burn is abnormally high this year for reasons other than day to day costs. Their day to day costs are burning somewhere between $170k to $230k per quarter. The cost of their Medical device business is growing to a point that in the near term should cover this. I will leave it to others to give their opinion at this is mine and mine only. With respect to other posters there are some that would be better at giving you there take on it that might help
    Cheers and good luck Russell
 
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