The last 6 months from VML have been very quiet on the most important front. No new big clients... (yet :))
The lack of leverage through the relationship with MSFT is underwhelming.
The inability to follow through with announced ASX listing has driven negative sentiment.
The 6 month chart is in a downtrend. Speculators will be looking elsewhere.
There is upcoming dilution as VMOB will need to raise capital. Not great for current holders unless they want to throw more money in to avoid dilution.
The good news is that if VML can add 2-3 more big name clients the SP should respond accordingly.
Attachment 7748