Israeli companies on ASX, page-12

Country is not totally irrelevant, as countries vary in what they offer start ups such as tax discounts and programs that offer monetary incentives like Israel. These incentives keep a company going in those first few years when they are not generating revenue and allows them to delay capital raising's. But in the wash up, the origin of a company will have no bearing on its long term success. Success is delivered by the Management, their experience, the way they run their business and in this case, the demand for their product.
No delusion here.