AVR 0.00% $15.15 anteris technologies ltd

Capital raising share dilution, page-18

  1. 268 Posts.
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    Hi all
    I think an obvious source of funds for the continuing development of the Cardiocell business would be to sell off that part of of our business which is the agency sales of infusion products to local hospitals. Profitable but a small "mum and pop" sized operation. Maybe worth $8 mill or so. Has no value in regards to long term strategy, so why not? Might just allow us to scrape through another year to where the Cardiocell sales turn profitable.

    Cheers
 
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