GMV 0.00% 3.9¢ g medical innovations holdings limited

Ann: Half Year Accounts, page-115

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  1. 1,774 Posts.
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    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.
 
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Currently unlisted public company.

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