Agreed. Crazy cheap. I now see why the directors are continuing to buy.
They came into the year with circa $75 mil in their order book and have maintained that figure despite finishing some major projects recently. Also, at the start of the year they said a potential project pipeline of $650 mil and this has now been increased to $750 mil.
Add to that the governments planned infrastructure spending as well as their 'gas-led recovery' and Valmec are in a very good position to capitalize.
VMX Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
