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$12.22 anteris technologies ltd

Ann: Investor Webinar Presentation, page-51

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pierre77

1,498 Posts.

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06/09/17

10:55

Post #: 27027804
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Originally posted by Ase13988 ↑

I just listened to the webinar and have to agree the WP's body language was very positive.

As a long-term holder, I am very happy to see from an operational perspective, Admedus is tracking very well after code red and kicking goals with less resources and achieving more, which will definitely set the company up for huge ambitious over the longer term.

One thing WP didn't address however is the depleting cash balance/method of raising capital. My personal take is as a company, Admedus will not let its cash balance reduce down to below $6-7m mark, or else it will add another layer of operational and perceived risk that it wouldn't want to attract. My own calculations is pointing to $6m cash holdings (5m cash burn) by 1st quarter 2018 CY, which leaves us 3 quarters short of breakeven. Based on this, and I don't want to be crucified for saying this (hence why I don't post regularly), it will be likely they will raise capital fairly soon to clear the deck once and for all. a 15% max capital raise will get about 8 million which will hopefully be the very last CR seeing Admedus all the way to 2019 profitability.

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If he chooses to do this his word wont mean anything. He has categorically stated no more CR.

AHZ Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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Last $12.22		Change 0.740(6.45%)		Mkt cap ! $258.3M

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No.	Vol.	Price($)
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