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

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

First 45 Last

Share
Profile

Follow
HonyakuKonyaku

662 Posts.

332

24/08/20

14:46

Post #: 46771202
Share

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

Expand

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
3 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

End of FY is a time to juggle wins, losses and capital gains taxes

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

There are more pages in this discussion • 102 more messages in this thread...

First 45 Last

Add GMV (ASX) to my watchlist