Ann: December 2024 Quarterly Activities Report & Appendix 4C, page-98

So Commsec shows MC = $22M currently @ SP of 0.7c (undiluted).
So if the results are positive, I agree its not out of the question the market could rate AVE x 10 current SP, so about MC=$220M for a SP = 7c.

10 times that again for a SP = 70c would mean a MC = $2.2Billion ++ (undiluted) ...... hmmmmmm ...... maybe ?

Maybe we halve the hopeium for a first target of say 3c to start

Interim results (should they land soon) need to be positive and point to obvious potential of continuing to be positive as the trials continue, just stating the obvious