VMX 6.06% 31.0¢ valmec limited

Ann: Valmec Secures Australia Pacific LNG Services Contract, page-3

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  1. 89 Posts.
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    These guys kept on saying that their focus was on securing recurring income in the form of service contracts. Maybe it wasn't just wishful thinking.
    Long Term service contracts are a lot more valuable in this market than hard number contracts and a lot more profitable.
    As for market cap, don't read too much into the value as stock is extremely closely held. Tried to buy a bit when price was low and no chance.
 
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