Roth who just published the $USD3 a share valuation report were behind the $USD 25m fund raise.
Maybe they want a higher market cap so they can move the company to Nasdaq. It would make sense - major shareholders US based, market value of similar companies many times higher than VLA, Roth would do well out of transaction fees. Why keep it is Australia. I think Nasdaq listing requires a minimum value of $USD100m
Market Cap Value, page-26
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