VMG 0.00% 0.1¢ vdm group limited

Cheers DM,I was happy to put my shirt on the line for the short,...

  1. 539 Posts.
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    Cheers DM,
    I was happy to put my shirt on the line for the short, however without a larger mkt cap no one would touch it and i did shop around.
    The question now is where does this head, with the spring clean of bad news out of the way.
    It's poor form to suggest it, however the QLD floods should provide some respite and at least keep the ship above the bow line till major contracts are landed. I would dearly love to know what their success rate is with tenders.
    At the 27c sp in current conditions this may now be worth a punt, at least with someone else's money!
    Prudent mgt would be tightening the belts at every turn, and let's hope if they can't generate income, they can at least preserve spending as this is within their control. I will certainly be interested in the detail of the next report.
 
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