MLA 0.00% 8.5¢ medical australia limited

Revolutionary treatment offers Friesian horse a second chance, page-11

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    Just a few possible drivers of SP growth - mostly from the recent quarterly report.

    - MLA expanded sales & marketing team to continue recent OEM healthcare supply agreements
    - They commented they were currently in negotiation on further tenders - a bit of a 'who knows when' comment, but could be a big driver if they secure a couple chunky deals, espec given margins of around 50%
    - Rights issue, plumped up the account by around 2million.. acquisition? as groberts noted, appointment of CFO
    - Further cost reductions, a few one offs in last year's reporting, centralised location & rebound of Clements and core businesses etc
    - Medivet: Success with nanofiber, settlement against vet stem and validation by Uni of Kentucky. Recruitment of sales staff in USA & Australia combined and Delk appointed to the board, might lead to an uptake in US procedure numbers?
    - Pie funds taking a stake & Lang Walker (billionaire) topping up in the recent rights issue. Ian Mitchell taking full rights entitlement and topping up on market back in July at around 15c.
 
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