This is not a good HY in my opinion. It justifies the recent selling. Management have all but admitted to needing a CR in the next 12 months or divesting assets. I fear we could be going for sub 10c for a while. As a long term holder, I'm a bit disappointed that the cash burn rate doesnt seem to have been balanced in a responsible manner. Or maybe they just over-estimated the Cardiocel profits?
Ann: Half Year Report, page-4
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$18.00 |
Change
0.000(0.00%) |
Mkt cap ! $346.0M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.10 | $17.70 | $58.64K | 3.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 109 | $18.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.10 | 700 | 1 |
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| AVR (ASX) Chart |