At the current burn rate, this raise should get Anteris close to enough cash to operate until the $29 options fall due in Feb25. (Maybe $10m or so more needed)
If at that time the share price supports the conversion of those options, the additional funds should be sufficient to cover until towards mid/end of 2025 depending on expenditure ramp up for further trials.
A fantastic position to be in given the progress that could be expected to be achieved in that time.
At the current burn rate, this raise should get Anteris close to...
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Last
$21.29 |
Change
-0.010(0.05%) |
Mkt cap ! $408.9M | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.16 | $147.0K | 6.914K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47 | $21.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.60 | 300 | 1 |
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| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
$21.19 |
Change
-0.010 ( 0.47 %) |
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| Open | High | Low | Volume | ||
| $21.69 | $21.70 | $21.19 | 122 | ||
| Last updated 13.18pm 03/05/2024 ? | |||||
| AVR (ASX) Chart |