VMT 4.35% 12.0¢ vmoto limited

Ann: Market Update, page-8

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  1. VYR
    819 Posts.
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    Hi Gotta

    Internet crowd funding is new but the concept of buying and paying for something before it is manufactured is old hat. A few mates of mine and I bought some excellent, as it turned out, Chateau Louis Latour wine in 1976 on an indent order with up front payment when the grapes were still on the vines.

    We know Charles and ivan have been looking for a lease financier without success apparently.

    You seem to have managements ear. Maybe there is a crowd funding option for investors to buy, and finance the manufacture of, a parcel of leased bikes and be rewarded in an appropriate way that gives them a better than decent return over the lease term and leaves plenty for us.

    On the subject of share price.

    I've have noticed since first looking at VMT that something went terribly wrong for someone in May 15 at the time of the consolidation. Do you know how it came about that shares traded for $5 when the market value was 50c.

    It won't take a big lift in sales for us to see 50c again but $5 is probably dreaming in the short term.

    Buying just off the bottom is a wonderful thing. I think that time could be now for VMT.

    I"m still averaging down. Presently at 6.8c and droping..
 
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Last
12.0¢
Change
0.005(4.35%)
Mkt cap ! $50.18M
Open High Low Value Volume
11.0¢ 12.0¢ 11.0¢ $9.777K 86.27K

Buyers (Bids)

No. Vol. Price($)
2 3923 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 256575 6
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Last trade - 15.50pm 02/12/2024 (20 minute delay) ?
VMT (ASX) Chart
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