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3.9¢ g medical innovations holdings limited

GMV is flogging a cheap device that is easily copied. There's no...

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lorrett

855 Posts.

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10/04/18

19:48

Post #: 32357911
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Originally posted by lakota6 ↑

Of course it is in cash burn phase , that is obvious . They are setting up the company for the future and to do that , they have to spend money on capex , including factory costs, wages , application costs etc
Surely it is not to difficult to see what stage GMV is in ...no revenue until approvals and factory in production , which is why the SP is in the 30c range...speculation that GMV will reach its potential.
If you want a share that has positive cash flow , go buy A2M , and pay 40 times more.

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GMV is flogging a cheap device that is easily copied. There's no standout technology attached to the device..

The next generation of smartphones will more likely than not have GMV's technology as a standard.

Until GMV's sales figures show a positive cash flow, GMV is nothing but a risky gamble. Apple and Android will smash GMV. 100%.

The people who floated GMV have already made their money IMO.

Let's see some sales figures to back up the rhetoric....

Until then.....

GMV Price at posting: 33.5¢ Sentiment: Sell Disclosure: Not Held
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