Sucess is mot measured by mkt cap.. most on your list are below...

Sucess is mot measured by mkt cap.. most on your list are below listing price but mkt cap is still okay due to multiple raisings.

Price per share is the metric and thats the biggest challenge for startups on listed markets. Timeframes are not aligned and - as is the case here - any minuscule raising dilutes the heck of everyone permanently.

This not only applies to Israeli cos but any startup going on the ASX assuming that strong growth alone and no profits for 5 years will keep them going. Many have interesting bizz but will likely fail cause chose the wrong funding path.

Tough.