VMG 0.00% 0.1¢ vdm group limited

62c more than possible. Only 200m shares on issue so $12M profit...

  1. 386 Posts.
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    62c more than possible. Only 200m shares on issue so $12M profit = 6cps, p/e of 10.

    Shows that a reasonable contract win is all it will take to get this thing sailing!

    There are 3 brokers with outperform/buy rating on news.com.au with a consensus estimate of 2.5cps based on current form so still seems positive.

    Might be due for a top up....
 
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