Average Cost, page-17

First 17 Last

Share
Profile

Follow
Jackadebo

488 Posts.

913

06/02/20

21:36

Post #: 42790711
Share

Originally posted by Ruby15 ↑

Hi Jackadebo,

Congratulations on firstly buying into the Company at the IPO, and secondly taking the profits when they became available. It would appear that you have managed your portfolio quite well with a good ROI but also a free carry on your remaining shares, so well done.

I first became aware of GMV from an announcement that was released back in mid 2017. After reading this announcement, I downloaded and read the prospectus from front to back, trying to take in as much information about the products that Dr G was going to produce, especially about the factory in China and targeting the China and American markets with the Prizma Jacket and the Patch.

Dr G is no smuk, having done this rodeo before. He was the CEO of Lifewatch back in 2012/3 which was the same type of company that he is manageing now. He has built this company from the bottom up and the only real issue regarding this company is the time. The time that it has taken for the Approval Process's for the NMPA.

Imo once the NMPA is approved, Dr G will be able to ramp up the manufacture of the Prizma Jacket & Patch and start distributing to all the countries that GMV have binding contracts with. China is still the Ace and who knows, maybe the Approval for the Prizma Jacket could be expedited because of the Corona Virus.

Anyway, I have been a LTH of GMV and I will see this through to the end. I personally believe that GMV will be a global giant in the health sector and it's SP will be valued accordingly. Good luck to all GMV share-holders both old and new.

Cheers Rubes

Expand

swings and roundabouts Ruby, there are plenty of penny stocks I've taken a bath on.

Like you, I'm hoolding these long. My gut feel is it will come good.

Not advice.........

GMV Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

HotCopper Highlights: Your most watched and most discussed stocks this week

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump is President Again: What Does This Mean for Crypto?

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

IMU

Imugene kicks off Australian trial for blood cancer treatment