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

GMVD - NASDAQ IPO, page-8

First 8 Last

Share
Profile

Follow
$tockfella

3,148 Posts.

1293

23/10/20

08:16

Post #: 48322151
Share

Originally posted by hkhf: ↑

Based on the first link page 24, my quick bottomline (sort of) guesstimate will be:
GMV's LTM (last 12 months) revenue as of 30/06/2020 is indicated as US$11m (the old whole 2019 yr is US$5mil). If leave July, August, Sept hospital revenues for the time being,

Apply x10 US$11m x 10 = US$110m Mktcap --> divided by 60m total shares = US$1.83 = approx A$0.14
Apply x20 (quite possible) US$11m x 20 = US$220 MktCap --> divided by 60m total shares = US$3.7 = approx A$0.28
Apply x25 US$11m x 25 = US$275 MktCap --> divided by 60m total shares = US$4.6 = approx A$0.36
...

If revenue is calculated based on 2020 calendar year (it will be > US$11m), then it is quite possible the target IPO price $5 - $7 might be achieved. imo.

Expand

It will be achieved and it is fully underwritten.

GMV Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
19 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,924 more messages in this thread...

First 8 Last

Add GMV (ASX) to my watchlist