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3.9¢ g medical innovations holdings limited

Ann: G Medical seeks delisting to pursue Q4 NASDAQ listing, page-660

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Maton76

129 Posts.

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22/08/20

08:09

Post #: 46733991
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Originally posted by Upthefog: ↑

In some respects the local SP has become an irrelevancy. If you truly believe GMV has a future it becomes simply a function of how many locally listed shares you have that may or may not find their way onto the Nasdaq bourse. You can fill your boots in the .04- .043 price range so IMO local demand for shares will not drive the price. What may change the landscape in the next month is something of material revenue generating announcement or business update. However my suspicion is that anything of this nature will be saved for a later date when there is a new potential investor base looking at the prospects of the company. I don’t see the company being too interested in whether they attract any more local AU shareholders. Nor do I see them having much interest in offshore domiciled SH getting into the ASX listed stock.

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Good analysis @Upthefog

GMV Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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