8th aug close tipping comp, page-11

Existing shareholders still have some hope. That is, if the capital raising is unsuccessful and the company is forced to sell off assets and down-size. There are other companies out there who can deploy the construction equipment profitably even if VDM can't. They should also have offloaded their property holdings ages ago, in an orderly fashion, rather than in the current firesale mode. Even if existing shareholders get half of the current NTA, that would be a great result. That would give us around 15c/share as opposed to 5.5c post raising.

Let's hope for failure of management's appalling plan to dilute existing shareholders into oblivion and let others pick up cheap shares (to the considerable disadvantage of existing shareholders).