So US$6.00 would be a 11.7% discount to our last trading price.
Let's hope we start trading 12% more than that in USD.
It's IMO being priced with a lot of risk priced in. It's not as if it's priced around $500-$1b market cap that's for sure.
I think the company with negotiations in mind would have to accept this market value due to a large trial not yet carried out in the US and investors over there wanting to only pay that much with that in mind.
We can only speculate what the first sessions trading will deliver. God knows. If the US is any good then we should see imo a better that 12% increase above $6, could be more, could even be less.
Still should've dumped them all mid to high $20's here lol.
AVR Price at posting:
$10.54 Sentiment: Buy Disclosure: Held
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