.
What is very frustrating is to see the low-risk growth business for Adapt surgical patches being not advanced.
We have a product which has geographic advantage as in no mad cow disease ... and potential for extra product as in pre-formed shapes, especially tubes for heart bypass ops which needs some development ... yet instead of investment in a large and highly skilled salesforce we are losing momentum in MENA (middle east north africa) India, and evrywhere else too except for USA and some parts of Europe. For a product containing technical advantages and claiming a premium price, distributors are useless in making sales. MUST HAVE SALES PEOPLE ON THE GROUND!... but where are they?... As far as I can see oour salesforce is shrinking and at least some are very unhappy and angry .. note Admedus is tied up in the courts in New York with a disgruntled former employee .(Lapushner v. Admedus Ltd. et al (nysd-1:2018-cv-11530 Southern District of New York)
So here we are ... financially broke because of our funds being invested in a wet dream for a product which we see today is not on anyone's horizon (TAVR) and now we are unable to make the necessary investment in Adapt.
It will be a miracle if WP can pull this out of the fire. I give it until end-September before VA.
.
.What is very frustrating is to see the low-risk growth business...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.00 |
Change
-0.300(1.64%) |
Mkt cap ! $346.0M | |||
| Open | High | Low | Value | Volume |
| $18.29 | $18.30 | $17.65 | $181.7K | 10.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30 | $17.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.00 | 499 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |