They have stated that if infusions can't be offloaded (soonish) they need to raise again, over 15 million spend this quarter with no commentary to the market to why and where all the money is going.
Our only saviour would be a sale of the infusion Business and a TAVR deal, if Wayne can pull that off, then the following might happen:
1) SP appreciation
2) Options can be then exercised to provide funds
3) A CR if still needed would be done at a much higher SP than where we are now.
Or if none of the above evantuates then expect 2 billion + shares on issue in the not so far future.
Good Luck Wayne, I really hope you pull it off.
Ann: Response to ASX Appendix 4C Query, page-43
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