Consolidation for a non-income producer is bad, for an income producer like VMT it is very good as suddenly the income per share would 10 fold. The absolute profit, PE-ratio and MC of course stay the same, but instos look at earnings per share and that would put VMT into their spotlight. And they would still buy millions of shares even if the sp is at 45c. IMO, excellent news and I will vote " YES ".
Ann: Notice of Annual General Meeting/Proxy Form, page-2
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $56.45M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.3¢ | 13.5¢ | $2.04K | 14.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 37344 | 3 |
View Market Depth
| Last trade - 15.35pm 23/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |