The lack of information would ABSOLUTLEY BREACH ASX rules IF it was in any way beneficial to VMT as far as whether or not it would increase/ decrease expected earning by 10%No news = nothing to suggest more than a 10% increase in guidance
Sad but true, companies never delay positive news, good chance all these contracts are worth nothing, now they are openly discussing 2 more manufacturing facilities, why would they need VMT for anything?
They are phasing out VMT products, distribution channel has nothing other than Soco products to distribute, ie; worthless to VMT alone, read "firesale" the moment Soco announce going it alone.
Soco could potentially pickup VMT assets in a firesale, Charles likely to oversee the whole thing then be the beneficiary of some sort of a sweetheart equity deal to have a hand in running the business.
If it played like that they could potentially pick up VMT assets $10-15m cheaper than if they had to buy them now, Charles would only need to be given enough equity to take care of the $1.1 million he'd drop in his current holding value, ie; sell us out and be granted $5m equity?
Who could stop it from happening?
Charles is everywhere in the Soco publicity, VMT isn't, what does 2+2 equal?
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12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $50.18M |
Open | High | Low | Value | Volume |
11.0¢ | 12.0¢ | 11.0¢ | $9.777K | 86.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3923 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 256575 | 6 |
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No. | Vol. | Price($) |
---|---|---|
2 | 115000 | 0.072 |
1 | 50000 | 0.071 |
2 | 60000 | 0.070 |
1 | 15509 | 0.069 |
1 | 145671 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 80000 | 1 |
0.077 | 57665 | 1 |
0.078 | 38280 | 2 |
0.079 | 100000 | 1 |
0.080 | 219315 | 2 |
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