Don't you see? Can't you tell? By reducing the number of shares it sweeps under the carpet evidence of capital raisings in the past.
The Institutional Muppets know this, they are going to find you:D
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Don't you see? Can't you tell? By reducing the number of shares it sweeps under the carpet evidence of capital raisings in the past.
The Institutional Muppets know this, they are going to find you:D
ouch never did understand how Arria managed to work their magic.... at least I can understand how vmob works. Still it points to the fact that investors can be wise to exit JUST AFTER A FLOAT.....
http://www.nzherald.co.nz/business/n...ectid=11441732
Arria listed on AIM, the London Stock Exchange's international market for growth companies, in December 2013.
Its shares swiftly rocketed to a high of 282.5p after the float, before slumping to 73.5p by March 2014.
The stock fell more than 72 per cent to close at 8.5p, giving Arria a market capitalisation of less than 9 million pounds, following yesterday's announcement about the Shell contract.
So that's it for the penny share, $0.017 close and the queue is erased, RIP phase one of VMob's future, it's be an exciting ride so far.
@ 25 times consolidation holders have 25x less stock next week, but logically @ $0.425 for the open on Thursday 7th May, the new queue will be interesting to watch when and as it develops prior to open.
Along with all the amazing good news this week, which the nervous nellies and the down-rampers have largely negated, I would expect a stream of more good news starting early next week and leading up to the pre-IPO capital raising and SPP, maybe signing some new customers, posting some implementation results, maybe even some new revenue/ACMR numbers.
It will be a test of confidence in the future of VMob. I'm on board for sure, this company has success written all over it.
Cheers
BAA
There's another way for stocks to shake off "penny dreadful status" - that is when the market decides the share is undervalued and bids up the share price. This has not occurred with VMob. They call it "institutionalisation" but in reality its "sweeping years of shareholder neglect under the carpet" :D
Guess when the time comes I'll have to switch onto ASX forums and start educating the masses over there.
Perhaps I could reference some of the bullish information flying around here over the last few weeks - esp those buyers hoovering up shares in the mid 2 cent range :D
Certainty is your word Josh. VML also aren't trying for a precedent licence from a dysfunctional EPA to vacuum the ocean floor, so I don't see the relevance of your comparison with CRP.
I do think VMob are and will be very successful, they have broken through into revenue generation, their ACMR is growing quickly, they have an A-List of customers and great prospects, they have been recognised by IT and Retail sector awards as best in class, they have tremendous support from Microsoft, and are positioning for growth and listing on the ASX. As a shareholder I'm excited about their success and prospects for the future.
"This company has success written all over it"; because baabaa has bought shares in it.:). Sounds pretty "certain" alright.More relevant than ever. Some posters when they buy into a stock will say anything to get it over the line; including ,ramping;pulling people who want someone to follow, promoting it big time(CRP). Mixing facts with normalising a sure thing. Its a shame because their facts are intermingled with crosby/textor speak and makes the whole post suspect; when it isn't. Great promotion there baabaa , blindspot intact.
I had to Google what you meant by crosby/textor speak - a very apt observation, Joshuatree:
:DQuote:
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