Make your money go further for just 25p per day

Lots of positive news but little response from the share price – I think I know why!

16/02/2009 · Velosi (VELO) 

Hot on the heels of last week’s positive trading statement AIM listed Velosi has come out with another positive announcement. Despite all the encouraging noise unfortunately the share price remains rooted to its lows.

The group’s associate company, Velosi Oman which is 50% owned by Velosi, has been re-awarded a quality assurance, quality control and third party inspection services contract with Petroleum Development Oman (“PDO”). The new contract is worth an estimated US$30m and commences in June 2009, covering a period of four years. Velosi will provide quality assurance and quality control services throughout Oman, and third party inspection services on a global basis.

PDO is the major…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Velosi

Small Cap Review 2nd April 2009

02/04/2009 · Smallcap Review
KENTZ CORPORATION and JAMES HALSTEAD deliver great results and both have cash aplenty, WESTERN & ORIENTAL…

Lots of positive news but little response from the share price – I think I know why!

16/02/2009 · Company Insights
Hot on the heels of last week’s positive trading statement AIM listed Velosi has come out…

More Company Insights

Bonkers Bargains: another upgrade and still a bargain

12/11/2024 · Time Finance

AIM new arrivals and departures October 2024

08/11/2024 · GenIP · Pulsar Helium

Sign-up to our free email updates

SIGN UP