AVR 1.29% $18.31 anteris technologies ltd

To date, there havebeen no major impacts to the business and...

  1. 2,226 Posts.
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    To date, there have
    been no major impacts to the business and accordingly the 25% pay reduction will be removed from
    1 September 2020

    But WP, milesotnes have not been reached and the company is still yet to make a profit whilst you CEO pay is double that what is sld be based on peer sized map cap Co's that actually make a profit. If the company misses 3+mil surely the board can go without too?

    Under the Agreement, Anteris was to receive up to $A3.73M if gross revenue from LeMaitre
    CardioCel® and VascuCel® product sales exceeded $A29.8M in the first 12 months (11 October 2020)
    or $A1.8M if gross revenue from product sales exceed $A22.4M in the first 12 months. ($A amounts
    calculated at the then $US1/$A0.67 FX rate.)
    Anteris still expects the $US0.65M post-closing instalment payment on the first anniversary of the
    Agreement this October 2020. A second, equal post-closing instalment is due on the Agreement’s
    second anniversary.
 
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