GMV
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0.00% 3.9¢ g medical innovations holdings limited

NASDAQ: GMVD, page-24

  1. crosek
    1,409 Posts.
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    20/10/20
    12:26
    Post #: 48232156
    The share price is not the value of the company, the market cap is.

    The market cap = Shares on issue x Share price

    $6 share price with 10,000 shares on issue is exactly the same as $0.04c share price with 1,500,000 shares on issue....


    So, the market cap has been increased by 14x, but your shares have been diluted by 18x
    Last edited by crosek: 20/10/20
    GMV Price at posting: 3.9¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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