Tylemahos All valid points, but you made me running back to check their projections. The extra $mill is the depreciation expense. EBIT v EBITDA. They were always going to make $6m which I agree is pretty good for less than a year of trade.
Analyst put the stock at 59cents which I think is a bit bullish, but 30 cents you would think is easily achievable.
Biggest problem with this stock is that nobody wants to sell. Even if you were prepared to pay 30 cents you would still only be able to scoop up 20k worth of stock.
Finally a restructured stock that delivers what it promised. Wish my other stock was the same.
VMX Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held
