AVR 2.97% $12.15 anteris technologies ltd

Ann: Conclusion of relationship with Go Medical Industries, page-45

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  1. 326 Posts.
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    Unfortunately, if that is true I think they really stuffed up the comms on this, managed a 5.7% revenue downgrade, haven't provided any update on the impact to GP or the yearly loss (except moving the breakeven target from Q4).

    If they thought they'd have a new supply agreement in place in 45 days they wouldn't have put out that update. It is more likely Go Medical have a new distributor coming online in 45 days and Admedus now needs to find a new supplier and convince the hospital's to use the new supplier.
 
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