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3.9¢ g medical innovations holdings limited

IPO update, page-1226

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07/02/22

22:30

Post #: 59417739
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Originally posted by HonyakuKonyaku: ↑

Hi Bentas. It's a bit too complicated for me. There were very similar performance rights set up in 2020. These needed a VWAP on the ASX but only needed a closing price on the NASDAQ. I'm not sure if these were granted or not. You can read about it on pages 185 and 186 on the recent F1.
The 2022 performance rights don't seem to have any VWAP. If the market cap hits the milestone, even for 1 trade, I think they will be granted.

Sorry, I think I made a mistake when I wrote in an earlier comment that they are escrowed for 2 years. Can't find that info now.

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This company is all wrong but at least they need to get the sp up to get their shares. Seems like every time they do something good they selflessly F#$k it some how. Totally bizarre but that's gmv for ya.

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