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23/10/20
08:16
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Originally posted by hkhf:
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Based on the first link page 24, my quick bottomline (sort of) guesstimate will be: GMV's LTM (last 12 months) revenue as of 30/06/2020 is indicated as US$11m (the old whole 2019 yr is US$5mil). If leave July, August, Sept hospital revenues for the time being, Apply x10 US$11m x 10 = US$110m Mktcap --> divided by 60m total shares = US$1.83 = approx A$0.14 Apply x20 (quite possible) US$11m x 20 = US$220 MktCap --> divided by 60m total shares = US$3.7 = approx A$0.28 Apply x25 US$11m x 25 = US$275 MktCap --> divided by 60m total shares = US$4.6 = approx A$0.36... If revenue is calculated based on 2020 calendar year (it will be > US$11m), then it is quite possible the target IPO price $5 - $7 might be achieved. imo.
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It will be achieved and it is fully underwritten.