I appreciate the apprehension; it’s always valuable to hear different perspectives. However, I think there’s a different way to see this situation;
Your analysis is akin to critiquing a symphony on the basis of a single note. The grand composition of Incannex's strategy isn't confined to the binary debate of ASX versus NASDAQ. Instead, it's a symphony, orchestrated in harmony with the evolving rhythms of the global market, seeking a global stage to amplify its unique melody.
We’re about to step onto a larger stage, NASDAQ, and the ASX, while it has served us well, is starting to feel like an old pair of shoes. While those shoes were great for the initial jog, we're now embarking on a marathon, and we need footwear designed for long-term, high-stakes races.
We're not just trading one market for another; we're stepping into a bigger, more diverse and potentially more lucrative market. The assertion that US investors might be more keen on this sector than their Australian counterparts isn't necessarily a negative – it could very well mean a broader investor base and a potentially higher valuation.
You've mentioned the CEO's shares as if they're an afterthought, but I'd suggest it’s quite the contrary. It aligns the CEO's interests with ours, the shareholders, and underscores a belief in the company's trajectory.
It seems you've chosen to focus on the potential pitfalls, overlooking the fact that every company that's ever made a leap of faith faced risks. It’s crucial not to forget the significant potential rewards that could come from this redomiciliation.
I understand your skepticism and you’re right, there are no guarantees in the business world. But one thing I’m sure of: it's not about treating shareholders as fools; it’s about inviting them to join on a potentially prosperous journey on a larger, global scale.
Respectfully, it appears you're more comfortable in the local pond. But some of us see the potential in the ocean, despite its unknown depths and currents.
I appreciate your well-wishes, and send the same in return.
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