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$15m hit for VDM on contract termination

VDM Group expects a $15 million hit to revenue after Argyle Diamonds scaled back the company's workload on the underground expansion project.

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western Australia
This is all just happening as the still like to make millions of dollar profit for the shareholder and directors of the company. what a shame to dismiss 14000 people worldwide for the sake of money

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VDM Group (VMG)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/09/19

1 year TSR5 year TSR
127thEmerge Gaming60%-35%
355thVDM Group0%-32%
501stWide Open Agriculture-20%
847thNeurotech International-88%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/03/15
$172k Bought
04/12/14
$30k Bought
03/02/14
$4.0m Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

161st↓VDM Group$246k
162nd↑Neurotech International$246k
164th↑Emerge Gaming$243k
165th↑Wide Open Agriculture$240k
197 listed industrial companies ranked by revenue.
Source: Morningstar

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