VMT 4.35% 12.0¢ vmoto limited

Kitty I hope you worry unnecessarily about a cap raise. It...

  1. VYR
    819 Posts.
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    Kitty I hope you worry unnecessarily about a cap raise. It certainly shouldn't happen to provide funds for leasing.

    Leasing capital needs to come from a financier with a big balance sheet who can issue bonds or notes at a low interest rate.

    VMT would have a dogs hope in hell of getting anyone to underwrite or subscribe for ordinary shares issued for the purpose of providing capital for leasing at an attractive, to buyers, interest rate.

    Re the bots.

    Unless buying bought out more sellers you would only need to spend $65k to wipe all the lines presently on the screen and kick the price to 13c.

    Once the black ink starts to flow we will of course , cease to be thinly traded and settle into a price range more reflective of the fundamentals.

    Its hard to get in or out when trading is thin.
 
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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
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Last trade - 15.50pm 02/12/2024 (20 minute delay) ?
VMT (ASX) Chart
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