VML:NZX - VMOB Limited on the NZX
It was just announced that an institutional investor purchased $2m worth of shares at 37 cents per share. The stock has been trading between 30 and 33 over the last few days. This company is valued at about $25m NZD but it expecting to have ACMR of $10m within the next few month. The company is mid-rollout with McDonalds worldwide. Has had low volumes and interesting pending completion of a capital raising but someone just paid a premium!
Could be some upside if volumes pick up - keep an eye out for this one.
Daytrading June 10 afternoon, page-8
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