It doesn't really contradict what they have said. The issue with...

It doesn't really contradict what they have said. The issue with companies like this is that they suffer large working capital (cash) drains as their sales/production grows. VMT is not at that inflection point where cash flows are able to fully cover working capital requirement for further sales/production growth. This is why previous comments for the company paying a dividend was nonsense as it is still requires capital to support its expansion plans. As such it shouldn't be much of a surprise that they have come back to market, its just going to leave a bad taste being so close to completing the consolidation. Hopefully its a rights issue or an SPP as I'll put my hand up for some more.