For those that live in various parts of Australia, I would like to fill you in on the whole RAH situation. I have visited and worked in RAH, and have seen how grand this project is. It is currently Australia's most expensive building, and the world's third most expensive building, more expensive than the world's tallest building, the burj khalifa. I say this to demonstrate that no expense was spared on this project. Furthermore, this is one of the most technologically advanced hospitals in the world, and it speaks volumes that they selected admedus' infusion systems.
From my understanding, contract repayments were due to start for the infusion systems supplied by Admedus as of June. Cash position finished at $11.2M, and that's with only 1 month of repayments for the infusion systems.
I feel that AHZ have multiple streams of revenue that will kick in at different times, which can be frustrating in the interim, but once they all sync up, it'll be an absolute beauty.
I'd like to say that I'm not a financial expert, so please DYOR
Royal Adelaide Hospital
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