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EMV, EMVision Medical Devices Ltd
nipper
post Posted: Nov 3 2019, 04:34 PM
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Posts: 6,425
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In Reply To: nipper's post @ Nov 3 2019, 02:04 PM

Had been trading in 30-40c range since IPO in Nov 2018; then changed course, with a steady rise to almost $1 in Sept - Oct. And now the TH, cap raise.

Such a predictable path. Congrats to the media team (Spring Communications)



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Nov 3 2019, 02:04 PM
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Posts: 6,425
Thanks: 2240


QUOTE
EMVision Medical Devices has tapped Blue Ocean Equities to pitch an equity raising to investors on Friday.

The imaging technology company is looking to raise $4 million in a share placement at 74¢; a 12.9 per cent discount to its 85¢ last close. Bids were due by 4pm Monday, according to a terms sheet sent to fund managers.

The medical device firm's main product is a brain scanner, used to diagnose and monitor stroke and traumatic brain injury.

The company has a $49 million market capitalisation and is lead by Dr Ron Weinberger, the former head of $2 billion sterilisation company Nanosonics.

Funds raised will be used for product development and clinical validation




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 



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