People planning on participating in the upcoming $6M placement?
Also interesting about asset divestment. Wonder what that could refer to??
The Directors believe that it is reasonably foreseeable that the Group will continue as a going concern and that it is appropriate to adopt
the going concern basis in the preparation of the financial report after consideration of the following factors:
• A share placement of $7.7 million completed with $4.3 million already received
• A loan of $5 million from a strategic investor, Star Bright Holding Ltd and associates (“Star Bright”, received in August 2018
resulting in the payout of the PFG Term Debt
• An intended rights issue targeting at least $6.0 million (before costs) net of Star Bright’s rights entitlement. The equivalent
quantum of Star Bright’s entitlement will be applied to reduce the new loan
• Positive net working capital and cash balances totalling $2,524,132
• Contract wins for the Infusion business
• Advanced negotiations to secure funding for Admedus Vaccines
• Potential divestment of assets
• Recently introduced product lines such as CardioCel® Neo, VascuCel®, and CardioCel® 3D that are at varying stages of
penetration in our existing markets
• New product lines to be launched such as CardioCel® 3D Stage 1 Arch, Half Pipe Conduit and Adult AV Leaflets that are at varying
stages of design development, regulatory clearance and user evaluation
• New markets for the Groups ADAPT® products including India, Australia, Philippines, Taiwan, Vietnam, Israel, Thailand, Mexico,
Japan and Spain
• New partnerships and alliances for ADAPT and TAVR products
• Monitoring, management and containment of operational costs, including R&D costs, and capital expenditures
• A remuneration review undertaken by the Company
- Forums
- ASX - By Stock
- CR and asset sale
People planning on participating in the upcoming $6M placement?...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVR (ASX) to my watchlist
|
|||||
Last
$15.70 |
Change
-1.350(7.92%) |
Mkt cap ! $301.7M |
Open | High | Low | Value | Volume |
$16.50 | $16.50 | $15.52 | $571.1K | 35.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13 | $15.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.00 | 775 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13 | 15.580 |
2 | 320 | 15.560 |
1 | 2496 | 15.550 |
2 | 558 | 15.530 |
3 | 765 | 15.520 |
Price($) | Vol. | No. |
---|---|---|
16.000 | 775 | 2 |
16.200 | 500 | 1 |
16.500 | 63 | 1 |
17.100 | 900 | 1 |
17.500 | 511 | 2 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
Featured News
AVR (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online