The general trend amongst manufacturers and governments seems to
be targeting 30 % of all new vechiles being electric by 2025
That will probably happen IMO.
If it does no new fossil fuel " stand alone " cars by 2040 will certainly happen.
A lot of the electricity will probably still come from fossil fuels???
This will have a positive effect on electric vehicle manufactures but whether VMT will benefit from that is no more certain than whether they will be able to turn a profit next year.
The capital invested in the company supports 450,000 sales a year and we are achieving only 80,000.
Small wonder we are loosing money..
People talk of the need for more capital..not so IMO .. we need more sales or if that's not possible we need to sell the big factory and trim the capital invested and operating expenses to the size of the business.
Cash in the bank and the profit from a mean and lean 80,000 unit a year business would do wonders for the share price.
Gottaneedstotellcharles.
- Forums
- ASX - By Stock
- VMT multibagger
The general trend amongst manufacturers and governments seems to...
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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($) | Vol. | No. |
---|---|---|
12.0¢ | 256575 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 115000 | 0.072 |
1 | 50000 | 0.071 |
2 | 60000 | 0.070 |
1 | 15509 | 0.069 |
1 | 145671 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 80000 | 1 |
0.077 | 57665 | 1 |
0.078 | 38280 | 2 |
0.079 | 100000 | 1 |
0.080 | 219315 | 2 |
Last trade - 15.50pm 02/12/2024 (20 minute delay) ? |
Featured News
VMT (ASX) Chart |