If they are planning what I think they should then they'll consolidate with 5m shares and then do a raise to delist and relist in the US, bringing in at least two new big holders to the register. They'll be too illiquid at 5m shares so they should be planning to bring in other big long holders.
The raise for a new US fund or company should be around 15% higher than $11.00, so at least, raised at $12.65+
That's how they should execute imo
They'll probably have to do an un-marketable share sale facility if they're serious about cleaning the register up.
Anything under current prices should be snatched up
Self-development vs licensing deal (TAVR), page-9
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Last
$4.85 |
Change
0.050(1.04%) |
Mkt cap ! $75.19M | |||
| Open | High | Low | Value | Volume |
| $4.85 | $4.85 | $4.85 | $5.975K | 1.232K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2204 | $4.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.14 | 4105 | 2 |
View Market Depth
| Last trade - 10.05am 18/07/2025 (20 minute delay) ? |
| AVR (ASX) Chart |