I actually agree raising funds at these price levels is a killer...

I actually agree raising funds at these price levels is a killer to existing shareholders. Listing on NASDAQ does not make sense right now. BUT I hate how they try to spin this to a positive. Reality is the situation sucks so you can at least admit it. If you read the company's announcements you might think they are this close to becoming a unicorn. Most of all, I hate how they add "the company continuous to thank Dr G."... yeah, we thank him too. Great achievements generating wonderful return to shareholders. As said, ASX should investigate the company's announcements (that is if they gave a damn). Given the zero credibility management has with shareholders market response today could be brutal. Would be helpful to get a reassurance on the founder's commitment to fund the company for the next twelve months and would be even more helpful to receive a positive update about something the brings in revenues (e.g UK!). Thanks Yacov!