I think we all understand and share your frustration, but make no mistake the cost of a successful listing on the Nasdaq will be worth it.
The reality is we cannot raise the amount of funding required to complete the trials on the asx, this hits home even more with the current FX rate. Think about the amount of shares that would need to be issued on the asx and convert that to USD, the dilution would be massive. If ever there was a time to be raising funds in USD it is now and into the immediate future.
A bonus of a falling AUD will be the value of our CDIs.
AVR Price at posting:
$10.54 Sentiment: Hold Disclosure: Held
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