A comprehensive oommunication plan around the NASDAQ listing to ASX investors rather than just throwing out a document could have helped.. A few video interviews with the rationale, some more details of the plans, maybe some information on how a NASDAQ listing (IPO) works as opposed to how things work on the ASX (with the bidding and price not set until book is built) etc.
Up until a few days ago it seemed to be a lack of buyers and fairly thin selling but that has amped up as the price drops further and nothing from the company. We always talk about there is a lot of retail in this and the path for NASDAQ chosen (IPO) is probably unknown by many investors especially how the price is set. Would have been good to have some explanation aorund that for retail.
I could say all nice in hindsight but I think not to late to bring clarity to some of these topics.
A comprehensive oommunication plan around the NASDAQ listing to...
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Last
$9.99 |
Change
-0.910(8.35%) |
Mkt cap ! $211.1M | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.79 | $9.30 | $1.477M | 149.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $9.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.99 | 1999 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| AVR (ASX) Chart |