VBC - Verbrec - announced contracts for over $11m today. Market cap around $16 (premarket) SOI around 291m Engineering, asset management, infrastructure services At a glance, they announced their 3rd consecutive profitable period in Feb, with gross margins at multi year high. EBITDA and profit were down on their graphs. Mentioned deferrals in work. The market hated the results and the SP dropped about 30% on the day and has been in a downtrend since. SP jumped on open today but is dropping back now. Possibly one to watch, given the size of the contracts compared to the size of the business. Might be the start of a turnaround? Watching to see how in plays out. And no, I don't hold. Never had this stock on my radar until today.
