I don't think you're on the right path, didn't Avita re-domicile as a company to the US?
This is nothing of the sort. My understanding is that OPT is simply listing depository instruments on the NASDAQ that are, more or less, a mirror of OPT on the ASX. OPT remains an Australian company and it's a relatively low-cost, low regulatory path to open up a huge pool of potential capital.
Of course US investors could simply buy OPT shares on the ASX, however I'm sure there would be many US-based funds etc that are internally restricted to US based holdings. I would also think that US-based shares gather more US-based interest.
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Last
43.5¢ |
Change
0.025(6.10%) |
Mkt cap ! $535.5M |
Open | High | Low | Value | Volume |
42.0¢ | 44.0¢ | 42.0¢ | $484.5K | 1.138M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 41005 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 44005 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 41005 | 0.430 |
10 | 128880 | 0.425 |
10 | 129434 | 0.420 |
7 | 148175 | 0.415 |
15 | 208309 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 58845 | 7 |
0.440 | 112999 | 5 |
0.445 | 42582 | 5 |
0.450 | 274860 | 6 |
0.455 | 45555 | 4 |
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