Yes Railer I agree mate I don't for the life of me understand why such a forceful sell off.
I don't personally buy into any of the IO collapse and VMS shipping at loss argument.
We are officially in business and have opened our doors the world with our IO.
A$ exchange very good for us. obviously there is flexible shipping price as AR informed that a VG price/deal was negotiated on first shipment.
I personally can't see IO demand dropping significantly.
IO pricing ran too hard and will stabilise.
Personally I would like AR to update us SH via ASX though and not other Media like Samso.
I do not understand why AR is so Anti updates to SH.
For a CO going thru immense growth like VMS updates are essential for SH and market.
The market is selling off on VMS and we are a bit in the dark here.
So many positives at VMS.
I have been in Business most of my life and run multiple Co's with a number of employee's.
Casflow is KING and without it at the end of the day U are stuffed as you can only keep borrowing for so long and then eventually it catches up and causes demise or SH price demise.
VMS is now/currently in a great position.
But if I am an ASX list Co right now looking for immediate cashflow and great prospects such as the TIN.
The cash that the TIN can bring to VMS on froward projections/demand alone.
Plenty of us know here what that all means to VMS.
Co with Nil debt and a register that is peeling off shares like no tomorrow.
If I am a predator at current pricing at VMS I am buying this Business.
Absolutely I am.
New plant that has an afterlife use.
Good manger now running plant with commitment.
I use CHN as an example. They have Nil Cashflow and will be years away from it.
Well run Co.. Smart and could do a part cash/script offer on this VMS so easy right now.
SP at around $7, makes VMS so cheap to buy.
Quite a few ASX Co's like CHN.
If I had the cash and the financial backers at this price, I would be buying this Business right now.
Surely I am not the ONLY one thinking that.
But hey that is why I have been buying more shares at ridiculous current pricing.
I'm not in Luv with it, This is a good business.
Fix the communication probs in the Board.
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