VMT 4.17% 11.5¢ vmoto limited

I'm watching this stock closely, but have been badly injured...

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  1. 805 Posts.
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    I'm watching this stock closely, but have been badly injured 'catching falling knives' in the past. Many stocks which dive never recover. Be cautious.

    I was in and out of VMT last year - mad a small loss in the process. Something just didn't seem right, and I'm glad I followed my gut.

    Everything about VMT looks solid, APPART from the fact that over the last year that I've been watching, the management of the company has been appalling. Terrible marketing, stalled website, lack of innovation etc. I'm baffled because it has so much going for it, and all the while new EV scooter companies with awesome designs are popping up all over the place. How does this happen?

    But, my feeling is this: with all the distribution, capital infrastructure, licences etc that VMT has, they would be an IDEAL partner to a new EV bike brand that has a funky design concepts and good financial backing, but not distribution or manufacturing in China. Would seem a no-brainer at current MCAP. Surely a new breath of life is around the corner for VMT...

    Solarbat
 
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Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $50.18M
Open High Low Value Volume
11.0¢ 11.5¢ 11.0¢ $4.502K 39.74K

Buyers (Bids)

No. Vol. Price($)
1 36362 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 61601 1
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Last trade - 12.36pm 04/12/2024 (20 minute delay) ?
VMT (ASX) Chart
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