GMV 0.00% 3.9¢ g medical innovations holdings limited

Ann: G Medical seeks delisting to pursue Q4 NASDAQ listing, page-423

  1. 181 Posts.
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    Hey guys,

    Wow didn’t expect that last announcement so soon after cap raise. I think if your going long this will definitely reward shareholders.
    I will had a go at putting a possible structure/valuation for Nasdaq float.
    BEAT market cap is 4x revenue. so GMV If we base it on 3x current revenue due to 3x patient recruitment = 18M. Then multiply by 4 revenue = $72M US and that’s without prisma or patch sales/revenue.
    with 835mill shares currently on issue and another 300mill due to Nasdaq listing that will give max 1.2bill thus a price tag of $6 US a share with a 1 for 100 consolidation.
    That would make it 9 cents currently with another 18M US in the bank!
    again just a rough estimate.
    We need more clarity now more than ever!

 
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