VMG 0.00% 0.1¢ vdm group limited

Ann: VDM Company Update , page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 12,720 Posts.
    lightbulb Created with Sketch. 266
    VMG was ridiculously cheap at 1.3.
    Cheap still.
    About $23m in cash after sale of como.
    Add another $3m in property sale.
    As long as they break even by half year
    is enough for now.
    Add in a some of the $10m in unrecognized income recouped
    and it will move up.
    The turnaround is beginning imo.
 
watchlist Created with Sketch. Add VMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.