VMT 4.35% 12.0¢ vmoto limited

The lack of information would ABSOLUTLEY BREACH ASX rules IF it...

  1. 2,962 Posts.
    lightbulb Created with Sketch. 194
    The lack of information would ABSOLUTLEY BREACH ASX rules IF it was in any way beneficial to VMT as far as whether or not it would increase/ decrease expected earning by 10%

    No news = nothing to suggest more than a 10% increase in guidance

    Sad but true, companies never delay positive news, good chance all these contracts are worth nothing, now they are openly discussing 2 more manufacturing facilities, why would they need VMT for anything?

    They are phasing out VMT products, distribution channel has nothing other than Soco products to distribute, ie; worthless to VMT alone, read "firesale" the moment Soco announce going it alone.

    Soco could potentially pickup VMT assets in a firesale, Charles likely to oversee the whole thing then be the beneficiary of some sort of a sweetheart equity deal to have a hand in running the business.

    If it played like that they could potentially pick up VMT assets $10-15m cheaper than if they had to buy them now, Charles would only need to be given enough equity to take care of the $1.1 million he'd drop in his current holding value, ie; sell us out and be granted $5m equity?

    Who could stop it from happening?

    Charles is everywhere in the Soco publicity, VMT isn't, what does 2+2 equal?

 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 15.50pm 02/12/2024 (20 minute delay) ?
VMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.