AVR 5.12% $10.20 anteris technologies ltd

Ann: CardioCel and VascuCel rights sold to LeMaitre Vascular, page-108

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,168 Posts.
    lightbulb Created with Sketch. 249
    "Sounds like we sold the entire thing but get to manufacture for 3 years."
    That's an interesting observation bhs. The announcement states that "Admedus retains manufacturing rights for up to three years" and "Admedus retains sole-control on all intellectual property for the underlying ADAPT technology".
    It does beg the question of what happens after 3 years. Hopefully it will be a successful partnership and will continue for many more years. Reminds me of the old story of going to the dentist and as he is about to start drilling you take a firm grip of his private parts and say - now were not going to hurt each other are we. I think there will need to be a lot of trust between the companies.

 
watchlist Created with Sketch. Add AVR (ASX) to my watchlist
(20min delay)
Last
$10.20
Change
-0.550(5.12%)
Mkt cap ! $215.6M
Open High Low Value Volume
$10.73 $10.73 $10.15 $109.7K 10.66K

Buyers (Bids)

No. Vol. Price($)
1 490 $10.19
 

Sellers (Offers)

Price($) Vol. No.
$10.20 911 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
AVR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.