To me, this is the most important paragraph in there: "This is...

To me, this is the most important paragraph in there: "This is an initial public offering in the United States of 1,333,333 American Depositary Shares (“ADSs”) representing100,000,000 of ordinary shares, no par value, of CardieX Limited (“CardieX”), deposited with JPMorgan Chase Bank,N.A., as depositary. The estimated initial public offering price will be between US$7.50 and US$8.00 per ADS."

at current FX rates the US$7.50 per ADS translates into roughly 15.5c in AUS per ordinary share as the IPO (new floor price). Once they trade, it is likely this will be well above US$8.00 per ADS

Good outcome in my view, given current share price.... not so good in terms of where I first bought in but lets hope we will now get back there shortly again (and beyond) once this is all done and dusted