VMX 6.06% 31.0¢ valmec limited

I'm just as frustrated as you guys that there appears to be...

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  1. 89 Posts.
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    I'm just as frustrated as you guys that there appears to be limited amount of detail in their announcements, but seriously, you email the CFO and expect him to provide you detailed information that in your very own views would amount to market sensitive information.

    Correct me if I'm wrong but weren't you just raising a concern about market sensitivity on the John Holland payment.

    I flick back to your old posts and as soon as they provide any more detailed information, you dissect it to the nth degree, provide a detailed narrative to show how clever you are and then cast doubt as to the accuracy or sustainability.

    Geez, I wonder why they don't provide us detailed information anymore.

    You would need to be extremely naïve if you think they don't have someone monitoring chat boards like this and weigh up the benefits of detailed announcements.

    I'm Sydney based, so didn't get to the AGM but the brokers that attended seem to have a lot of confidence from what was presented and discussed.

    Share price inflation is always going to be an issue with closely held stock but I have some confidence in their announcement that they are back on the acquisition trail. I'm told that in a response to a question raised at the AGM, they confided that the acquisitions would be financed with scrip and a capital raise.




 
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