VMX 6.06% 31.0¢ valmec limited

Ann: VALMEC SECURES $30 MILLION OF NEW CONTRACTS, page-2

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  1. 554 Posts.
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    Very good news and suggestions of more to come.
    With the options expiring soon, there is scope to increase shareholding at 25 (plus cost options), which could well hold the head shareprice down(depending how many options are available on market).but after the options expire, I can see quite a step increase in shareprice.
    Will be interesting to see who exercise the options and how much cash is raised, and whether this makes a material difference to liquidity.
 
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