Sign up
Tech Capital

G Medical Innovations Holdings takes opportunity to head to market

The halt will remain in place until Wednesday 15th November 2017.
1510532103_australian-cash.jpg
The company's shares are in pre-open

G Medical Innovations Holdings Ltd's (ASX:GMV) shares closed at $0.525 on Friday, or around double their valuation from just three months ago.

The re-rating has been assisted by a potential company making deal.

READ NOW: G Medical Innovations shares ride higher after signing US$405M deal

G Medical is taking advantage of the share run and is heading to market with a capital raising, with the ASX granting a trading halt to prepare.

The halt will remain in place until the opening of trade on Wednesday 15th November 2017, or earlier if an announcement is made to the market.



Register here to be notified of future GMV Company articles
View full GMV profile

G Medical Innovations Holdings Ltd Timeline

View All

Related Articles

© tech Capital 2017

Tech Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed tech companies to interact with institutional and highly capitalised investors.
Headquartered in London, Tech Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.