CDX 5.66% 5.6¢ cardiex limited

"Over AUD $4M in costs to achieve this NASDAQ listing ... Let's...

  1. 5,871 Posts.
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    "Over AUD $4M in costs to achieve this NASDAQ listing ... Let's hope it delivers CardieX into a Med-Tech environment that facilitates a market value reset for the company."

    Hope? Many people would be aiming to recoup their losses more than making a profit. It has been a disastrous cap raise. We can add $20m dilution cost (15c s/p fall) caused by the listing delay and doubt about the listing price. So that's $24m cost to raise $12m. And the directors are rewarding themselves with bonus shares for getting the mere admin task done. Horrifying performance.
 
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Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
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