VMX 6.06% 31.0¢ valmec limited

Raised $5.6 million from option exercise on top of the placement...

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  1. 818 Posts.
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    Raised $5.6 million from option exercise on top of the placement worth $5.1 million. So 104 million shares on issue and market cap at 30 cps is $31 million up from $23 million before placement. Enough cash to cut debt substantially, assuming they did not pay much for takeover.
 
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