Share
6,165 Posts.
lightbulb Created with Sketch. 2346
clock Created with Sketch.
17/04/19
10:46
Share
Originally posted by Dhm:
↑
If the company just did a NASDAQ IPO without strong potential for news related price appreciation all that is happening is dilution of existing shareholders worth. And that would be measured by the US$25 mill in the bank. But we all know that the company needs a greater amount of liquid shares and a worldstage investor base. The good doctor knows there will be a *fireworks display* soon that will rival Sydney NYE and reward all holders.
Expand
No American instos or HNWI will invest in Gmed unless they know its a bargain . Let's say 65 investors take up U$25m + Top 235 = Top300 Hygea U$11m+ Cyprus $10.5m + IDTF U$3.5m = $25m, next 12 months f/c revenue $25m x 10 multiple = U$250m MC 500m SOI, approx, =U$0.50, share rpice =A$0.50 We have discussed ADS/ADR here About 10x: In Nasdaq 10 (or 20) asx shares will be bundled in one single ADS. So for e.g.' IF asx gmv share is U$0.50, then one ADS = U$5 = 10xU$0.50 MC = 500m x U$0.50... (and not 500m x $5) qed. --------------------------------------- re After EGM 368m+42m (CNs etc) = 410m shares 20m+3m = 23m options 433m SOI + Shares issue to Nasdaq investors to raise U$25m: 50m? 75M? 100m? 120m? Say 500m-550m shares + 23m options, = 480m to 550m SOI ----------------------------------------------------------------- aimo, dyor, read asx news, talk to mum and dad.
Last edited by
Glyco :
17/04/19