AVR 0.00% $13.14 anteris technologies ltd

Ann: Half Year Report, page-4

  1. 452 Posts.
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    This is not a good HY in my opinion. It justifies the recent selling. Management have all but admitted to needing a CR in the next 12 months or divesting assets. I fear we could be going for sub 10c for a while. As a long term holder, I'm a bit disappointed that the cash burn rate doesnt seem to have been balanced in a responsible manner. Or maybe they just over-estimated the Cardiocel profits?
 
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