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10/10/20

16:46

Post #: 47998958
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Originally posted by Ruby15: ↑

Hi bigdave_cn,

Depending on how many shares you have, will realistically have a bearing on whether it is in your best interest to hold or sell. Do a quick calculation using the pre-determined formula of your share holding ÷ by 18. Now calculate the figure you arrived at and × by the the forecast Usd $5-7 opening price on the Nasdaq.

EXAMPLE: 50,000 shares ÷ 18 = 2777.777 This is your new total shares.
Now multiply 2777.777 by Usd $5.00 = Usd $13,888.885

Given the uncertainty regarding how long the shares are to be held in escrow for 90 or 180 days, also makes you want to know, do I want to hold onto them for that long.

Your other question regarding selling, it is very easy to open an International Account with whoever your current share trading platform is registered.

The other issue here, is given the way that this will turn out regarding the consolidation of 18 and then the opening price of Usd $5 -7 is fantastic. LTH's should have an immediate paper loss on the ASX to a comfortable profit on the Nasdaq.

I am generally excited looking forward to see how the US market will treat GMV. GMV has the potential to move rapidly up the food chain if they play their cards right. We have a realistic opportunity for a big profit. The price can literally go from Usd $5 to Usd $50 in 12mths time if they can demonstrate a bumper performance with their products.

The decision to sell or hold is all yours.

GLTAH's

Cheers Rubes

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Hi Rubes,
It’s nice to hear from you again. I’ve missed your input in Hotcopper, just want to say welcome back!

GMV Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

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Hi Rubes,It’s nice to hear from you again. I’ve missed your...

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