VCR ventracor limited

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  1. hazardous
    1,182 Posts.
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    28/08/08
    10:42
    Post #: 4203769
    Another 100m shares to be issued for them to get around $20m. Consequently they will have 400m shares on issue or thereabouts.

    400m @ 20c = a market cap of $80m. Sales for the last FY were $17m. Hopefully they can get sales to over $25m for this FY. Seems undervalued to me, but the market doesn't agree at this stage.
    VCR Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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