EMV 0.00% $2.10 emvision medical devices ltd

Ann: Trading Halt, page-59

  1. 13,497 Posts.
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    Anything is possible with the allocation of the $40M.

    The ASA is still referring to a $68M investment on its web site. So perhaps it applied for $68M and received only $40M.

    One option is that the bulk of the $40M is split equally between the 3 tech companies. This is unlikely I think, because each would have different needs - which would have been evident in their respective bids to ASA before the grsnt application was finalised.

    Another possibility - perhaps a long shot - is that the Department of Health negotiated a grant outcome on the ASA dropping one of the 3 tech partners as they may have believed 3 was 'overkill'.

    We will just have to wait and see. Hopefully Monday.
    Last edited by vintage: 26/02/21
 
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