AVR 1.39% $17.75 anteris technologies ltd

FY19 $1.25 target, page-4

  1. 819 Posts.
    lightbulb Created with Sketch. 3
    That takes too long.
    According to the news, they can make 100K patches by 2017, in 3 years time.
    There must be a reason why they mentioned this; probably they projected they can sell 100K by 2017.
    Let assume take up rate is 50% of the manufactured total by then, it is 50K patches = 65M.
    SP will be at your projected price of $1.25 in 2017, not 2019

    LOL. Lets hope this is the case.
 
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