VMX 6.06% 31.0¢ valmec limited

So it had a high of 30cents post restructure. Volume lowish as...

  1. 2,672 Posts.
    So it had a high of 30cents post restructure. Volume lowish as it came down a fair way, and has now been on its way up again.

    Total rev was roughly what they said it would be pre restructure, but looks as though they squeezed out more profit to the tune of $1mil.

    Signal of a good restructure - good synergies. If the $1mil is not some accounting 'creativity' and this still has some steady hands holding, then this should move steadily up back to at least 30cents you would think.
 
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