GMV g medical innovations holdings limited

Ann: PRIZMA Sponsorship with Royal Australian College of GPs, page-67

  1. 8,979 Posts.
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    Ok , my last post on this point.
    I have been told that there were no shares issued at 7 cents , only a combination of shares issued to each applicant , a portion at 8.5 and a portion at 4.2 cents , which averaged out at 7 cents ...which is very different to issuing them at 7 cents each.
    The ASX announcement backs up what I was told , as does the trading of the last few days ..i think it was you that said why bother for a 20% gain , when , if the applicants got a portion at the lower 4.2 cents , the gains are much , much higher , which explains the volume being sold down.
    This is what HC should actually be about , robust discussion on important , pertinent matters.
 
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