@synaphai did opine: company probably has about 2 quarters worth of working capital at the current burn rate so, yeah, there will need to be another raise likely sometime September/October depending on how expenses increase
Past practice not particularly predictive, but Anteris has never left it to the last minute to raise capital - I would expect a big CR in the next month or so. And seeing how disastrously the last two CR's have been for participants, the next one will really be pushing messy stuff uphill.
And post CR may well be a shorters' paradise, as 'Oh no, not again ...!' syndrome raises anxiety.
Unless of course the long-awaited rabbits start popping out of long-held hats.
So I'll sit this out for a while yet, and polish up the BS detector.
P.
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