VMG 0.00% 0.1¢ vdm group limited

Ann: Half Year Accounts, page-7

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. 12,706 Posts.
    lightbulb Created with Sketch. 148
    Cash reserves is depleating fast.

    Dec 2019: $3.5m
    Dec 2020: $1.9m

    They need to issue billions of share to raise capital with only 0.003 SP before placement discount. If they do raise sometimes this year to keep this stock afloat, who would subscribe it?

    Sorry no golfing retirement vacation for a long term holder in Thailand.
 
watchlist Created with Sketch. Add VMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.