AVR 5.48% $14.25 anteris technologies ltd

Ann: Extension for Voluntary Suspension, page-24

  1. 1,458 Posts.
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    Sure
    Everyone, you, me, big holders....everyone ...whenever they invested capital into this company, has to understand - in my opinion, they have made a mistake by always paying "too much for an overpriced company".
    I now think AHZ has always been overvalued.
    Time will tell if that remains the case.
    With so much capital required to pull it all off (I now estimate that requirement to be well over a billion dollars...probably more?) a listing on the ASX should have never been contemplated in the first place.
    The intellectual property and the plan to bring it to commercialisation should (with the benefit of hindsight) have been undertaken either as a VC operative or on a market overseas (large enough) right from the outset.
    Clearly our miniscule market and the stomach for risk here by the big end of town. The rules that govern the raising of capital on the ASX, and those that entities like big super have to follow (that prohibits allocation of funds to a company such as this) could have never supported a venture such as this.
    And they never will.
    Until those rules change.
    Sad I know.
    But that's the reality.
    Of course it's now academic whether or not it would have been any different had it originally listed say in the US.
    With the original (and current business model) I would speculate probably not. It would have made no difference.
    Investors there (short sellers and the like) would have probably killed it off long ago...
    IMO
 
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