VMT 4.17% 11.5¢ vmoto limited

Ann: AGM Update, page-8

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  1. 85 Posts.
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    whilst the company probably needs some product development, I don't really see that it is in a position to plough a lot of money into R&D - the problem the company has is that it has already spent heaps on development, production lines & capacity without seeing a decent return - right now the company needs to sell some units, get some cash in the door & be profitable!
 
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