VMG 0.00% 0.1¢ vdm group limited

Yes I bought at 2.5 too luckycanuck. I bought oppies as I am...

  1. 325 Posts.
    Yes I bought at 2.5 too luckycanuck. I bought oppies as I am thinking VMG has a fair way to travel with debt problems at bay and new management that seems to have turned things around in a short time. Seems the value of the stock will come back and with the size of contracts it is dealing with, it won't be hard to get back to market cap of a year ago. Even with 50% more shares due to options you would think a price in between the strike price of options and the share price before trading holt would be a fairly cheap price. say we took 15c prior to the trading holt and 5 cent oppies we would be looking at vmg of about 10c minimum in my opinion. That would make oppies value of about 5 cents. I still feel this is a conservative value and would think that with some more good news a price of 10-15 cents well on the cards.
 
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