I agree with your thoughts, Gottalove. The lack of activity on this thread over recent days seems a little odd, though. Maybe it is because almost everyone has forgotten about this stock?.
Or perhaps there are buyers watching this thread who aren't posting because they don't want to draw extra attention to this stock, as they hope to soak up as many cheap shares as possible while it is still under the radar?.
One peculiarity of this stock is that the shares are disproportionately held by West Australians: my understanding is nearly 50% of Vmoto shares are owned by people located in WA.
Bear in mind that internationally based investors such as Charles Chen also own a large chunk of the shares.
In short, very few Australians outside of the West own shares in VMT. Yet less than 10.5% of Australians live in Western Australia.
So, if this company is finally turning around (as we hope) we might see a sudden surge of interest in this stock, as the many investors and traders based in the Eastern states move in.
