John/Frank, not sure I necessarily agree. It all comes down to the market cap and shares on issue . If we build the market cap of a Cohclear with triple the numbers of shares we have now, it would compare far more favourably that if we get taken out for 2b with just 50% more shares on issue. If you don't believe me, just do a simple back of envelope calculation yourself, stop kidding ourselves about dilution.
AVR Price at posting:
$21.99 Sentiment: Buy Disclosure: Held
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