That’s a decent post Big Dog and you do make some good points.
In regard to the broader economic climate comment; the sharemarkets are at record highs and credit still relatively cheap.
Anteris spending, unfortunately, rather than restraint thru fiscal responsibility is one largely forced upon them thru lack of ample funding.
The NASDAQ listing, upon entry, should see soon enough what sort of buzz it will create and yes it is an achievement for sure, though I am still I curious on the background of those other Companies that have listed. Anteris, presence on the ASX, has hardly been an auspicious one and no one could possibly suggest that going in with a MC of one billion plus would have been a far better outcome.
In regard to short term fluctuations in the sp not sure what your definition of short term may be, but the two years sp decline has been damaging in regard to raising funding at lesser levels, with resultant dilution and negative sentiment.
Would one factor that has contributed to the current sp be the lack of substance in the Company following up on its own spiel, … last two years have seen the IP on the rise and rise yet the sp decline to present levels.
The 1.5 billion dollars could not buy this Co comment ages ago sadly has not been the case, and does reflect on the credibility of the Co, amongst the other spiel, imo.
What has ever happened when a spec Company sp soars on positive sp sensitive Ann’s, as per this Co years ago and with way less substance behind them.
The question of future value for its investors will have hurdles to overcome, one of which will be the significant influx of ‘cheap shares’, not a issue if entities held for long term but it is, imo, when these entities take profits off the table and rinse and repeat, dampening sp appreciation.
Future value for its investors may also be limited if opportunistic entities gain the Company thru stealth, as cheaply as possible.
Cheers mate.
Imho, not advice.
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