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3.9¢ g medical innovations holdings limited

Thanks for the detailed response MG. There is certainly a lot to...

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HonyakuKonyaku

662 Posts.

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24/08/20

14:46

Post #: 46771202
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Originally posted by mg97788: ↑

@HonyakuKonyaku

Hi mate, no dont think this will derail the delisting, it may have an effect on the IPO price and subsequent dilution. The IPO will be subject to a range of factors, including, company guidance, investor sentiment, underwriters appetite, book build, timing, marketing, sector sentiment etc

Id say they'll get the guidance up towards de-listing in terms of patient numbers, gives the market easy insight into revenue numbers before going dark for a period whilst trying to get the revenue numbers as high as possible. Then it will be down to investor appetite and a comparison to other companies in the same sector to really determine IPO price among other things.

Hard to really get a gauge on it or predict it, but if the patient numbers do lead to a subsequent significant rise in revenue, then it is likely the market cap at IPO will not be $AUD35mio

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Thanks for the detailed response MG. There is certainly a lot to speculate about. We've seen some predictions about listing on the top tier of the NASDAQ, but just for balance, it would be good to see some analysis of what listing on the lower tiers would look like in terms of market cap and floor price. I can't get my head around the listing rules, so I'm not up to the task.

GMV Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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