VNL 10.7% 15.5¢ vinyl group ltd

VWAP was 5c prior to the extremely material announcement last...

  1. 1,037 Posts.
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    VWAP was 5c prior to the extremely material announcement last week. It's moved about 40% and I believe this re-rate will continue. It's not common for Australia's richest man to invest twice into a listed start-up within 12 months, this will continue to garner more attention by the greater market.

    Today's announcement can be read 'VNL reduces debt and interest payable'. Nothing overly material here.
 
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