GMV 0.00% 3.9¢ g medical innovations holdings limited

Shalom!Would someone be so kind as to explain what "Offer...

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    Shalom!

    Would someone be so kind as to explain what "Offer Amount" refers to?

    [My instinct was to divide $40,250,000 by 5,000,000 (the # of shares being offered) -- which equals $8.05/share -- but this didn't seem correct ... since the hoped-for/expected price is listed at $5-7]

    Stay safe/sane, Razi

    https://hotcopper.com.au/data/attachments/2598/2598099-9354f6d09c8e307e305ff9c6e4f789a3.jpg
 
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