Hi i'm newly interested in this stock (from being a painfully long term holder of Audiopixels) and willing to put blind faith in the highly experienced board (excluding Fred Bart). My biggest query/concern is why list on the asx: American university initiated, moved to Israeli HQ as genuine start up (makes kind of sense considering Israel is one of the largest tech developers in the world, if it had not been born in arguably the biggest tech development country in the world), then list on ASX and move R&D to France (R&D in France makes sense considering the govt support and funding for tech). Why ASX? surely if there was large merit to the technology it would have been snapped up by silicon valley as surely it would have been offered to many potential companies. My guess is there is a large barrier to commercialisation unknown to us common investors but known to the specialists. I suspect this is the same for Audiopixels if anyone is familiar with both and can shed light it would be greatly appreciated.
I have seen the video on Weebit's website where it was queried why asx listing but didn't really qualify anything.
Worrying diversity
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$2.55 |
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Mkt cap ! $481.4M | |||
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