AGM Video, page-10

Wp has never... never IMO been running this company for small RI... it was like he was almost poo hooing them..as a ball and chain around the companies leg?..(wrong wrong... IMO it was the leading original holders) anyway where was it in the transcript?.. ... ...oh yeh...

point probably had about 90 percent of

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our register was held by retail

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investors that's a good and a bad thing

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it's not necessarily when you're a

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company the size of Admetus you need

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capital this is a global business with a

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with a big undertaking and big

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competitors it didn't start life that

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way survivors immunotherapies and other

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things but certainly the focus we have

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now required the support of institutions

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I would say 90% of the small cap stocks

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on the ASX in health care that I've

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invested that I've studied either go

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broke for lack of capital or they have

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massive share price to clients as soon

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as they start selling stuff because no

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one's ever fascinated by five million

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dollars in sales and we follow that same

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trend when you've got institutional

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support both these institutions by the

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way our staff quite doctors the stark

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folks out of Hong Kong there's a couple

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of doctors on the board there they

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invested in science they look at this

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company from day one of their investment

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not as a 10 year old company but as

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one year or two year old company and

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they invest accordingly the other

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important thing is these guys just came

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on the register in the last few months

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obviously late last year they're here

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for the long haul

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you know we if and when we would need

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capital these are the folks that give it

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to us we don't have to necessarily don't

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want to tap retail investors we simply

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don't want to focus either but my point

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is that white-knuckle panic that a lot

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of small caps go through when they need

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money wondering where the retail

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investors can support them is not

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necessarily something we have to be too

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concerned about moving forward support

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from institutions is critical to a

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company of our size and scale these guys

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say oh they're based in in New York

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obviously a little bit about SIA the the

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principal at SIA is a physician himself

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he's an ENT surgeon started life as

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doctor ended up being a banker he

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Yet somehow these two so called new "Institutional investors" on board are said to be the future saviour (now the likes of Minderoo have gone). I mean maybe they are?......but how "institutional" are they? Why aren't they just a couple of doctors like everyone else (only just with a bit more capital than the average Dr they had to throw in..?) And just how big are their pockets really? Is he seriously saying a couple of Chinese doctors and a US ENT surgeon have the resources to single handedly fund TAVR to market? I mean maybe they have? Did he actually say what their net worth is and what % of that they had committed and plan to commit to AHZ? I would genuinely like to know. Or if someone could put a guesstimate on that for me...? Thank you.