AVR 0.33% $15.10 anteris technologies ltd

Ann: Initial Director's Interest Notice, page-17

  1. 769 Posts.
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    Considering that by most calculations, our cash burn is now equivalent to the quarterly costs of supporting the vax division ($3m/Q), a lot of people just wish we could dump admedus vaccines and suddenly be profitable, considering profitability with $24m annual revenues (a very conservative estimate at this point) would give us a valuation of 4 or 5x what we have currently.

    I mean, I can see where they're coming from, this journey to profitability has been a long and painful one, but there's untold value in admedus vaccines, and I don't think spinning it off would be the best thing in the long run, unless we got some ludicrous multi-million price for it.
    The part of me which revels in instant gratification would still be happy if it happened though, despite my conscious minds opinion on the vaccines value.
 
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