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21-10-2015, 12:08 PM
#1671
Originally Posted by Monty
Um I appreciate that there has only been one small trade this morning - but VMob has risen 7 cents or 20.59%. I suspect this is a trade almost in error - but maybe there is another reason. Does anyone know of any rumours?
Less than $500 so it might just be to dispose of the rest of a holding after a partial sale previously.
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21-10-2015, 02:28 PM
#1672
less than $500 to increase the value of your holding by 20% - priceless (wasn't me)
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21-10-2015, 02:36 PM
#1673
Originally Posted by axe
less than $500 to increase the value of your holding by 20% - priceless (wasn't me)
Wouldn't have been a fund - they only do that on the last day of the month.
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21-10-2015, 07:57 PM
#1674
Originally Posted by Harvey Specter
Less than $500 so it might just be to dispose of the rest of a holding after a partial sale previously.
I would think that's unlikely HS? Ask was at .41, there was no Bid at .41 (it was at .35) so nothing to 'dispose into', the initiator was on the buy-side, someone I suspect just put a modest buy in probably at market.
At least they have discerning taste and appreciation for good value and a bright future. Besides, I bet there's not a single holder who doesn't like the look of a 20%+ lift in their portfolio today, whether or not that sticks is another matter.
Half years results due soon enough, last year they were released 28 Nov if I recall correctly. Eyes on ACMR growth, reducing expenses to revenue ratio, new business, and completed implementations.
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22-10-2015, 01:42 PM
#1675
Member
Can anyone recommend an AFA who could assist with signing off on an eligible investor certificate. My previous guy doesn't work that area any longer. Feel free to PM me with suggestion or if you may be able to assist. Cheers
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22-10-2015, 01:52 PM
#1676
What goes up must come down
Tuesday $0.34
Wednesday $0.41 (+20.6%)
Thursday $0.34 (-17.1%)
The joys of low liquidity securities .
Best Wishes
Paper Tiger
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22-10-2015, 02:27 PM
#1677
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22-10-2015, 02:27 PM
#1678
Capital raise done, settles tomorrow with allotment 27th next week. https://www.nzx.com/companies/VML/announcements/272130 Happy that's out of the way. Next thing will be the HY results.
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22-10-2015, 02:38 PM
#1679
Member
That's only the first tranch of the capital raise out the way. They are still looking to raise up to 5million with no closing date on the capital raise, so eligible investors, high net worth individuals and institutions can still support.
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22-10-2015, 02:47 PM
#1680
Originally Posted by Absolute144
That's only the first tranch of the capital raise out the way. They are still looking to raise up to 5million with no closing date on the capital raise, so eligible investors, high net worth individuals and institutions can still support.
correct - see Absolutes post at #1676. Dont expect to see any shareprice appreciation until those with access to a AFA or CA willing to sign them off as eligiable can buy shares at 34c.
Everyone else will need to buy at 41c like the sucker yesterday.
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