According to another analysis about in March this year, the following was said of AHZ:
In the half year to 31 December 2014, Admedus’ revenues grew by 17% to $4.795 million, but its loss widened to $11.4 million, from $1.4 million year-over-year.
In addition during the half year Admedus reported a net operating cash outflow of $9.56 million, but had just $9.6 million in cash on its balance sheet, indicating it may need to conduct another capital raising soon...... HOW MUCH was raised during the last cash raising and if it was less than $20 million then I would suggest there would be a high probability of another cash raising by June next year to raise another $10 million. Any comments?
Another CR ?
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