Interesting. Was that before or after the capital raising - it nearly hit 5c last November pre capital raising, then 4.6c in Jan after the capital raising.
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It still may well be the penny stock of the year-it is only April. I'm currently out but am looking hard at it again. Trouble is I'm armpits deep in NTL and want to keep that way at least until they confirm their financing and maybe beyond. Mega was never going to fit VML which had an operational business.
Double bottom at 2.2c ?
Maybe. But with 500k at 2.3c and 600k at 2.2c it's not exactly being 'held up'... That's only about $13,000 of buy orders. I'll probably average down if it gets to 2.0c, but I'll be doing it with a tear rolling down my cheek. I think it's good value now, but only because the growth isn't priced in as much as it was in November! With 30mil mcap some real numbers would be nice.
are these guys taking the mik'
VMob’s mission is “to use mobile to bring shoppers back into shops”...
I dont know but this announcement looks positive:
https://www.nzx.com/companies/VML/announcements/250394
Flybuys is NZ/s biggest loyalty scheme and having success in your home market is always positive when selling overseas.
Not sure if everyones seen this video released two weeks ago by VMOB about their Mcdonald app, but its quite interesting about what they do and how they do it.
Also they say they are now in 5 countries in Europe with their Mcdonalds app which is quite a good sign.
http://www.youtube.com/watch?v=P6plgr-RiVU
This stock has definitely been 'held down' over the last two days. 500k+ sell orders keep piling up. Most liquidity we've seen in a while. The NZ hi tech awards are tonight, vmob are nominated in 3 categories, though in two of them they don't stand a chance. Not that it makes a difference, the last two pieces of positive news have been met with selling.
That would probably be moosies mate selling.
Winners of the innovative service award at the nz hi-tech awards.