VMT 0.00% 11.5¢ vmoto limited

P.S If they borrowed the money to buy Power Eagle back I think...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. VYR
    819 Posts.
    lightbulb Created with Sketch. 163
    P.S 


    If they borrowed the money to buy Power Eagle back I think they only need about 4 cents a share to get rid of the debt. If they mortgaged the shares the lender will likely sell them for less and then sell power eagle out from under them to cover the shortfall. 

    On the other hand they could be like Niels and  see a lot of potential here and decide to borrow more dough and buy instead.

    It will be interesting days leading up to the market update. If volume increases and the price drops at least we will know why.



 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $50.18M
Open High Low Value Volume
11.0¢ 11.5¢ 11.0¢ $320 2.899K

Buyers (Bids)

No. Vol. Price($)
1 2677 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 43578 2
View Market Depth
Last trade - 15.04pm 29/11/2024 (20 minute delay) ?
VMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.