AMT allegra medical technologies limited
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News: AMT Allegra Orthopaedics Announces Company Update

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    11/08/22
    16:10
    Post #: 63060988

    Aug 11 (Reuters) - Allegra Orthopaedics Ltd (AMT) :

    • COMPANY UPDATE
    • CONTINUES TO BE ADVERSELY AFFECTED BY ONGOING IMPACTS CAUSED BY COVID-19 PANDEMIC
    • PRELIMINARY GUIDANCE FOR FY2022 OF ITS ORTHOPAEDIC DIVISION IS REVENUES OF ABOUT A$2.9 MILLION
    • CONTEMPLATING A CAPITAL RAISE IN NEAR FUTURE
    • EXPLORING OPTIONS TO MITIGATE NEGATIVE FINANCIAL IMPACT FROM ORTHOPAEDIC DIVISION'S CURRENT AND EXPECTED PERFORMANCE
    • AN OPTION IS A POSSIBLE DIVESTMENT OF ORTHOPAEDIC DIVISION
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