People without perspective can always make bad decisions. They...

People without perspective can always make bad decisions. They may think of 1 ADS as 1 share in the company, they may say $13 is too expensive or the MC is too low/high, they may wonder why invest in an Oz based company while there are other options nearshore Some US investors may want to invest in local shares vs ADR/ADS. It is all up to their skills, appetite, DD etc.

Just like it is always- invest in what you know and can understand. If they are too lazy or don’t care to understand the offering they may miss the boat to invest when the company is still small. Once we have positive trials and other news flow, they may consider $20 cheap.