Fair enough comment though I find it a problematic that the sp is inconsequential in the interim.
Does the USA have limits on what can be raised each year?, also problematic is whether this will be enough to forward the Company’s progress in a ‘timely’ manner.
The Competition virtually have blank cheques to further their IP, this is what Anteris is up against.
In regards to failing to raise cash that is virtually a non-issue, the issue, imo, is the negative market sentiment, the raising of funds at such levels and the resultant effect of unnecessary dilution and the massive overhang of ‘cheap’ shares that will be sold into future ‘pumps’.
Be interesting to see if the Company could categorically state that the sp in the interim will have no effect on the 2028 commercialisation date, though with the history of WP spiel you would have to take with a pound of salt.
Imho, not advice.
AVR Price at posting:
$5.60 Sentiment: None Disclosure: Not Held
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