Ann: Suspension from Official Quotation, page-25

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tardigrade

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11/09/19

06:23

Post #: 40373264
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Originally posted by HonyakuKonyaku: ↑

Thanks Lakota. This was a self inflicted wound that could have been avoided. It's reached a point now where many people are no longer believing anything the company announces. It will be good if the ASX is satisfied with the answers, as that will go some way to restoring credibility. It's very difficult to make investment decisions when a company doesn't seem to be complying with the rules, so it's good that GMV is under more scrutiny. Hopefully they will be very careful and transparent from now on. The recent company update mentioned a lot of new provider agreements as well as an increase in sales personnell. If this translates to a good jump in revenue in the next 4C, then we should see a turn-around in the share price. I'd also like to see more certainty around funding, as NASDAQ was going to take care of that for the next year or two. I just hope this suspension doesn't harm the business in terms of reputation or cancelled contracts...

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"I just hope this suspension doesn't harm the business in terms of reputation or cancelled contracts..." So a heap of people on this forum have been bashing GMV management and sending in multiple complaints to the ASX and now you say you hope the suspenstion doesn't hurt their reputation? This does my head in.

GMV Price at posting: 8.1¢ Sentiment: Hold Disclosure: Held
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