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: General Meeting Dial-In Details, page-95

First 95 Last

Share
Profile

Follow
JG22

193 Posts.

18

14/10/20

13:24

Post #: 48085922
Share

@IronChef: back in September you were strongly against delisting and even suggested voting against delisting.

Now that we know the consolidation is 1:18 ratio and IPO price on NASDAQ is around $5-7 per share.

Are you against the resolutions for the next EGM?

Originally posted by IronChef: ↑

If people value the idea of a forum like HC, maybe what you value is having a voice. In which case, vote AGAINST delisting. Unless you want to find a forum for private companies in the Caymans.

Delisting is not Derisking. It's massive *addition* of risk. A Hail Mary while wearing a blindfold. Risk which can't even be quantified, given that a private company in the Caymans is opaque. At least a casino or lottery will tell you the odds. No such luck once delisting occurs. But if the company had done things *within* the business, differently, they wouldn't be doing this *to* the business, today. Who can even say what the Board's genuine goal is?

Expand

GMV Price at posting: 3.9¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 95 Last

Add GMV (ASX) to my watchlist