Total outstanding shares reduced by 20%, repurchased from venture capital fund with current working capital - no debt issued. This great news makes this little unknown gem even better, as they have turned the business around in the last quarter and are now a major player in officially sanctioned surveillance equipment in China.
Why is it so quiet here? In my opinion VIMC has great upside potential in the coming months. New large orders nourish the hope of good quarterly figures. The $ 2 mark should already be available shortly. strong Buy