Totally agree Honeysoy, lack of buying is a concern but I think you’re spot on with wanting to see results rather than speculation. Been told that Valmec is one of the “go to contractors” for Water Corp having completed millions $ work on the pipe replacement program, but they aren’t allowed to advertise the fact. Advertising must be “Perth Pipe Replacement Program” but have a look how much Valmec equipment is on those sites. They also posted on LinkedIn a few months ago that they were now accredited as a Tier 1 contractor with Queensland Water, which has to be promising.
VMX Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
