Sorry I messed up. It'd be 15,000,000 ADS total. 3,000,000 offered during IPO.
At $10.50 USD per ADS that would give us a MC of $158,000,000 USD. That's a 800% increase in last closing price.
If this was to eventuate Ricky. Your 1,000,000 shares would convert to 14,285 ADS. $150,000 USD or $213,000 AUD. That is with a MC of of $158,000,000 USD.
MC 7x Revenue (Relatively Low)
Again, this could be completely wrong but I think the old prospectus is a good guide of how things could play out going forward. Probably the best guide we have TBH...
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