GMV g medical innovations holdings limited
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NASDAQ: GMVD, page-5

  1. crosek
    1,409 Posts.
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    19/10/20
    08:35
    Post #: 48188128
    Yeah my bad forgot it's USD.

    On the surface of it, that sounds great haha, however I know that we will have our shares diluted as mentioned in a previous announcement.

    At the time of delisting:
    GMV SP - $0.04 ($32M market cap)
    NASDAQ Mid Price listing - $6.00 USD ($460M AUD Market cap)

    That's 14x, so as long as our shares were diluted by less than 14x we should be better off. Time to digg up those old announcements.
    Last edited by crosek: 19/10/20
    GMV Price at posting: 3.9¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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