AVR 1.21% $23.48 anteris technologies ltd

Ann: Admedus to divest part of Infusion business, page-7

  1. 11,853 Posts.
    lightbulb Created with Sketch. 151
    " it seems, the staff cost will be 19 % lower,"

    No they made sure they used the term 'headcount'.

    We already had the explanation about the increasing wages bill because of shifting staff to a US based setup.

    These 19% headcount were the Australian based cheaper staff, and the ones who were actually paying for their keep.

    It will remove any employee liabilities associated with redundancies, which makes the rest of the company more attractive to a buyer.
 
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