GMV 0.00% 3.9¢ g medical innovations holdings limited

Ann: Trading Halt, page-20

  1. 1,605 Posts.
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    @ ricky - morning!!

    I know that you are a very positive guy / girl (most of the time ), but I wouldn't get too excited about GMV raising money yet again.

    After the last 4C showed Nett Outgoings of around $2.0m for the quarter, surely this CR is either for working capital - or to expand the monitoring facilities / operations due to the increased demand?

    As others have noted, not sure why they aren't using the GEM facility that is already set up?

    From what I can gather, it is still the same dilution effect to existing shareholders.

    The lack of clarity around GMV's funding, and the constant "trying to raise funds announcements" are a bit exhausting - so hopefully we now get a clearer picture of what the "going forward blueprint" for funding is.

    On another note, it is good news about Trump spending a heap more $ on Telehealth services / rebates - this will mesh beautifully into GMV's significantly increased monitoring numbers.
 
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