There is no "apples for apples" comparison for AEV in Australia...

There is no "apples for apples" comparison for AEV in Australia per se. You need to try a more specific comparison criteria to get any value from doing such a thing.

Or try doing a competitive analysis instead from an AEV perspective looking outwards.

Yes cash in hand is an issue as is a looming debt structure change at the end of December this year unless the debt and accrued charges are paid out. Current cash and even including cash equivalent needs more so any company options being converted will contribute otherwise they will need to find alternative funding or live with the consequences of an action post 31st Decvember 2022 by the debt holders (who are also the largest shareholder and second largest renounceable options holder).