The ‘glorified used car salesman’ comment taken back, the intent of it, not expressed properly, was the issue of trust.
As good a presenter of Anteris as WP is that presentation needs to be realised, to at least some extent. Trust factor is damaged when time lines are shifted, funding costs underplayed and internal valuations seemingly baseless and allusions to offers that may or may not be there.
When I took WPs word that it was 2025 that IP would be commercialised, the spiel of a billion dollar company, ect, one year ago, that trust was ‘misplaced’.
That’s fine but it does come down to a trust issue in the end, what and how much do you believe until it happens or not.
Imho.
AVR Price at posting:
$22.00 Sentiment: None Disclosure: Held
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