Australia's largest stock trading and investment forum Australia's #1 stock forum

GMV

Click for more information

0.00%

3.9¢ g medical innovations holdings limited

Ann: G Medical seeks delisting to pursue Q4 NASDAQ listing, page-592

First 592 Last

Share
Profile

Follow
Poorrundownhill

908 Posts.

351

19/08/20

21:26

Post #: 46670213
Share

Originally posted by HonyakuKonyaku: ↑

Easy. The company goes on to be successful, with huge revenues and salaries, and reaches a valuation of 1 billion dollars. The Dr., being a major shareholder, sells his 400 million dollar stake to whoever and retires in the Bahamas. Meanwhile, us poor shareholders are still waiting for it to list on NASDAQ so we can sell our shares. Otherwise, we have to wait for a buyer to turn up and take our small holdings off our hands at a substantial discount in an off market trade. Private companies make money too you know.

Expand

I'm sure the mysterious buyer wouldn't have an issue buying a few more million shares. In fact if we're a billion dollar company I'll sell my shares at a 20% discount and still walk away with a many multiples ROI.

Last edited by Poorrundownhill: 19/08/20

GMV Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

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

There are more pages in this discussion • 96 more messages in this thread...

First 592 Last

Add GMV (ASX) to my watchlist