VMG 0.00% 0.1¢ vdm group limited

cape crushing

  1. 325 Posts.
    not sure how long you have been in vmg but as a reminder of the good price vmg got for cape crushing I have found an artical from January 2010.

    VDM Group Ltd (VMG) is pleased to announce that it has agreed to acquire the 25% minority interest in Cape Crushing & Earthmoving Contractors Pty Ltd and the entity will now become a wholly owned subsidiary of VDM Group. VDM Group will acquire the remaining interest in Cape Crushing for $2.5 million. $2 million of which will be paid in cash and $0.5 million will be via the issue of 1,052,632 fully paid ordinary shares at an issue price of $0.475 each. The acquisition of the minority interest is effective from 1 January 2010

    This would value cap at $10 million two years ago. Not a bad investment...
 
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