I have been re-reading the latest Paterson's Security broker note;
http://www.admedus.com/wp-content/uploads/2017/04/AHZ170307.pdf
"At the AGM, AHZ management said that they are bidding for other infusion pump hospital contracts – including SA Health. We note that there are a number of hospitals larger than the RAH in Australia. Potentially, if AHZ was to win a contract for one of these larger hospitals, annualised revenue from the new contract could substantially exceed the $5-6mill pa generated from the RAH contract. "
By the way, that Paterson's note predicts cashflow positive in FY19, not FY18.
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