GMV 0.00% 3.9¢ g medical innovations holdings limited

Ann: G Medical seeks delisting to pursue Q4 NASDAQ listing, page-277

  1. 69 Posts.
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    Hey Shori,

    The operations will be dealt with by the share registry and your broker automatically, if your required to do anything you will be sent mail so I wouldn't worry.

    I'd also imagine the company will release guidance on all important dates once the information becomes available. No need to worry if your a long term holder, just sit tight and the shares will pop up in your international holdings account in good time hopefully at a much better market cap!

    I would note that the company will likely consolidate the shares so 10 shares will become 1 share for example. This wont effect the value of your holding. The NASDAQ requires a price of minimum $3 to list I think so I reckon a 100 for 1 consolidation is probably likely.

    Example you hold 1000 shares now at 4c you will hold 10 shares on the Nasdaq at $4.

    Hope this is helpful mate!

    Cheers

 
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