VR1 0.00% 2.0¢ vection technologies ltd

Ann: Vection TCV Growth Outperforms First Half Objective, page-85

  1. 7,367 Posts.
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    Some of the other companies they raised for may have not gone on to do much but this is what can happen in the market, DOU and EM1 were always dogs, EM1 has been investigated for misleading market and when I saw DOU go from 10 to 40c I was thinking this is the biggest scam as they will unlikely ever be profitable and did not even seem to offer much. VR1 entirely different ball game as they are making real sales, cash receipts and growing rapidly, clearly have products with a competitive advantage.

    Unless VR1 directors are making numbers up this is a great long term investment here IMO, we should see money start to flow back in once the CR drop is absorbed. Plus maybe it was a bit heady at 29c given TCV is only at $10 million or so but continued growth and we will keep lifting the share price.
 
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