Maybe an unpopular opinion but I'm going to call a spade a spade. A very unspectacular IPO. Closing price equivalent around the 80c AUD mark. I don't subscribe to the "we have $12 million cash now"... Where does the ASX open on Monday morning... if it follows the NASDAQ and moves to 80c we're down 33%. If that happens it costs the ASX holders $54 million in market capitalisation decline for a measly $12 million in disposable cash for AHI
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- Ann: AHI Announces Pricing of US$10.5 Million U.S. IPO
Ann: AHI Announces Pricing of US$10.5 Million U.S. IPO, page-12
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