Sure that might be the case but this is the ASX and the ar$e end of the world where a game of two up, a Friday Football final RDO and a preloaded Bet365 card is thought more highly of than a share option - not to mention US companies operate under a totally different framework where they can actually source cheap venture capital and long term employee loyalty and ownership is rewarded....
general comments here: Aussie biotech is a heck of a different beast to US biotech and operates in a different market and environment where there is about as much support from local instos and big super as a LBGTI person ticking yes at a Cory Bernadi fund raiser. NA all IMHO and Go Admedus.
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