GMV 0.00% 3.9¢ g medical innovations holdings limited

Ann: Half Year Accounts, page-115

  1. 1,708 Posts.
    lightbulb Created with Sketch. 614
    I posted a number of weeks back that the share price is absolutely irrelevant now. The Dr & the BOD don’t give a rats about the current SP. It’s a game of quantity held now. I am tipping that there will be minimal communication from the company between now & the EGM- no updates, no price sensitive announcements - nothing. Truth be known they probably want the pesky AU shareholders off the register anyway in order to not have to deal with them in a later life (either unlisted or listed). An absence of information will influence many of the lower cost holders to bail- thereby pushing the price lower. Higher costed holders like me are probably rolling the dice & sitting- having mentally already written this off. If I was prophetic nothing announced will push the price higher as inherent risk of being stuck in unlisted limbo weighs too heavily on sentiment.
 
watchlist Created with Sketch. Add GMV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.