VMX 6.06% 31.0¢ valmec limited

I do not know WHY PIE sold, but we do know they sold 1.5 million...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 818 Posts.
    lightbulb Created with Sketch. 100
    I do not know WHY PIE sold, but we do know they sold 1.5 million pre mid August at prices between 30 and 40 cps, as stated in the notice of 14/8/18. So they were happy to sell down to 30 cps then and may still be as they have more shares, thus capping the price in the low thirties. They are making a profit and prefer to invest elsewhere presumably.
 
watchlist Created with Sketch. Add VMX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.