VML 0.00% 0.0¢ vmob group limited

Ann: VMob Group Limited - Annual Report 2016, page-2

  1. 10,884 Posts.
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    Good for a quick trade thanks to the unfortunate "cornerstone" investor putting up the prospect of a price increase. Small tens for a few days investment, not too bad.

    Albeit, this company is really a disappointment to long term shareholders. What a comical joke it was for whoever to buy up the stock to a $40m mcap to get it on the NZX (fortunately for me I sold out on the peak of this very predictable piece of share price moulding).

    I wonder if anyone other than the CEO with his salary and the vulture/venture capitalists who allowed it to be backdoor listed have made any long term money on this sad company?

    ACMR of $10m should equate to expenses of about $20m and a loss of about $10m. Just wait for the next capital raise, shall we say 30 cents or 29 cents?

    It it's baaaaaaad or is it saaaaaaaaad?
 
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Currently unlisted public company.

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