I personally think they are going to do another capital raise during US Listing, they need intensive marketing campaign and lots of new staff to educate the people in US and Australia about this app and $6.5 million in bank will not be enough. If they don't market it heavily to general public then end results will be similar to TD1 that went 10 times from 1c to 10c during FDA approval for their app and then come down from 10c to 2.7c in a span of couple of months due to lack of marketing. I won't be surprised if we got hit with trading halt for capital raise if it crosses 40c
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Ann: Douugh beta testing completed ahead of U.S. launch, page-104
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