1/3 of the company I would not personally call trivial.. And did we really need all that $US straight away.. Sure a little more cash would probably speed some things up but the SPAC had US92M. I would assume that is a 2-3 yr run-rate for AVR at their fastest progress.
But I agree a NASDAQ listing will give us all a nice up-lift. I guess if I needed my money out soon, the SPAC deal would have been good. If I am prepared to wait another 2 years, I should be rewarded for the wait.. My personal thoughts only..
In terms of cash, of course we will need more money.. But hypothetically raising money mid-year a $30 would reduce the dilution significantly from the SPAC proposal.
My opinions only. Not investment advice. Do your own Research!
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Open | High | Low | Value | Volume |
$18.70 | $18.77 | $18.21 | $664.1K | 35.88K |
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1 | 1000 | 16.000 |
1 | 198 | 15.150 |
1 | 1000 | 14.950 |
1 | 219 | 13.670 |
Price($) | Vol. | No. |
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18.690 | 53 | 1 |
18.800 | 258 | 1 |
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