Volex is avin a bubble with grossly misleading RNS – it’s all about (lack of) cash generation

I have noted before on a number of occasions that Volex (VLX) is obsessed with spin and share price promotion but that its market cap (£59 million at 65p) is just a total Rum and coke. A grotesquely misleading RNS today only highlights the big problem with this enterprise: (lack of) cash generation.

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