Brief: Allegra Orthopaedics Announces Company Update

Allegra Medical Technologies

11/08/2022 07:08

Aug 11 (Reuters) - Allegra Orthopaedics Ltd  AMT.AX :
    * 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

Source text for Eikon:  ID:nASX1BSNzc 
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