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.
Ann: Capital Raise, page-14
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| Open | High | Low | Value | Volume |
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Change
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