TSK - TASK Group Holdings

**Ginger_steps_** · 05-01-2016, 03:18 PM

And there we have it folks. VML has met the conditions for the move to the NZX main board (assuming the SP holds). Next stop the ASX! Well done V-Mob!! Robbo should have taken me up on that bet a while back - he would have won, lucky me. Robbo you around?? Still holding?

**jonu** · 05-01-2016, 03:23 PM

Originally Posted by Ginger_steps_

And there we have it folks. VML has met the conditions for the move to the NZX main board (assuming the SP holds). Next stop the ASX! Well done V-Mob!! Robbo should have taken me up on that bet a while back - he would have won, lucky me. Robbo you around?? Still holding?

That might be a big assumption there ginge. I'm out today at .46, as I don't really believe in this stock and don't like its history. I hope for your sake you're right.

**allanatnz** · 05-01-2016, 04:50 PM

We buy future, not history. Is it right, Jonu? :-)

**jonu** · 05-01-2016, 04:58 PM

Originally Posted by allanatnz

We buy future, not history. Is it right, Jonu? :-)

Sometimes the future is the same old same old

**Ginger_steps_** · 05-01-2016, 06:24 PM

Originally Posted by jonu

That might be a big assumption there ginge. I'm out today at .46, as I don't really believe in this stock and don't like its history. I hope for your sake you're right.

Which part is an assumption? ASX?

**allanatnz** · 05-01-2016, 06:55 PM

Originally Posted by jonu

Sometimes the future is the same old same old

Hi,Jonu, I am new to NZX. don't know too much about history and/or stories in NZX. I am quite interested in the history of VML. Can please have talk here or private message me?

Many thanks

**Baa_Baa** · 05-01-2016, 07:06 PM

Originally Posted by Ginger_steps_

And there we have it folks. VML has met the conditions for the move to the NZX main board (assuming the SP holds). Next stop the ASX! Well done V-Mob!! Robbo should have taken me up on that bet a while back - he would have won, lucky me. Robbo you around?? Still holding?

The required market cap to transfer to NZX equates to a share price of $0.49 ... close, but not quite "met the condition" yet.

There is no talk of an ASX listing, not to say it won't ever happen, but it's not in the plan anymore as far as we have been told.

**Snow Leopard** · 05-01-2016, 07:31 PM

If you (or I) were willing to spend $40,000 then you could have bought into the sell depth and pushed the buy price to $0.50.
How long do they have to maintain a $40M plus market cap for?

Question: Is it really worth that value?
Answer: depends upon the model of your crystal ball.

Best Wishes
Paper Tiger

**Baa_Baa** · 05-01-2016, 07:55 PM

Originally Posted by Paper Tiger

If you (or I) were willing to spend $40,000 then you could have bought into the sell depth and pushed the buy price to $0.50.
How long do they have to maintain a $40M plus market cap for?

Question: Is it really worth that value?
Answer: depends upon the model of your crystal ball.

Best Wishes
Paper Tiger

The second condition was stated as:

"(b) VMob attains a market capitalisation of at least $40 million, by no later than 31 March 2016." https://www.nzx.com/companies/VML/announcements/270342

Depending on ones crystal ball supposition valuation, the HY announcement of $4.8m ACMR (1057% growth over same period last year) at say a 10x factor exceeds the $40m hurdle already, which may be a key driver for the current SP rise.

Though for me, the "ACMR forecast to exceed $10m in next six to nine months" clinches the deal.

Encouraging to see 22 people have already picked VML for the 2016 stock picking contest, currently ranked in the Top10 of 137 companies in the comp.