It’s good to see as a long term holder Wazza that you realise AVR needs to grab this capital if the deal is right regardless of the fact we all face some dilution . It appears WP has been approached rather than him chasing funding which let’s face it is a welcome change . Hopefully there is a good realistic deal been put forward and AVR finally has the funds to advance the TAVR at least to the point where we see multipull offers to aquire AVR . What’s important here is any aquisition deals are done from a position where AVR is not under pressure to take these offers . Some complained about the Lamitre deal being to cheap but WP was in a position either he took the deal or AHZ would face likely liquidation . Share holders need to realise WP needs to be under no pressure what so ever to accept acquisition deals to achieve the best outcome for shareholders . 10% dilution now might ultimately mean a substaintialy bigger pay out if acquired . Also it could display the company is financially strong at a point in time down the track if another CR is required to drive the TAVR to approval if WP chooses . Times are tough trying to raise capital in this financial climate and there’s no guarantee things will get better .GLTATH
AVR Price at posting:
$18.67 Sentiment: Hold Disclosure: Held
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