Over the past few weeks, it seemed that one driver for the current depressed share price was the slower than expected pivotal trial approval.
It now seems possible that last weeks NASDAQ announcement was a larger driver.
At face value the announcement is positave - retail investors perhaps even expexcted a slight jump in share price.
However, It's possible that the share price has been deliberately depressed by those that wish to fund the $100m usd IPO.
A lower share price presents a more attractive entry point for large US investors.
Further, I dare say AVR are not at all concerned with the current low share price, it helps market an easier sell.
Ann: Plan to Pursue Re-domiciliation, Nasdaq listing and US IPO, page-79
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.20 |
Change
-0.550(5.12%) |
Mkt cap ! $215.6M | |||
| Open | High | Low | Value | Volume |
| $10.73 | $10.73 | $10.15 | $109.7K | 10.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 490 | $10.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.20 | 911 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| AVR (ASX) Chart |