VMX 0.00% 41.3¢ valmec limited

Bit sad this one. Another great WA company with potential, just...

  1. 22 Posts.
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    Bit sad this one. Another great WA company with potential, just can't fire. I suspect it has something to do with zero profit, $2m negative operating cash and the borrowing/overdraft/payables situation looks interesting (notes 19/20). I don't understand these areas well, but it appears to be complicated and not getting better.
 
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Currently unlisted public company.

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