I guess it's a relevant question and to be honest something I had not considered previously as essentially I've been assuming VMT own the asset and the moneys would be paid to shareholders if any sale were to happen. (never considered the "China" factor)It's well past time we had the board discuss merging with Supa Soco as IMO this is quite literally a matter for survival for VMT, it would create a substantially larger company with a good balance sheet, cashflow and a great distribution network.
Benefits for Supa Soco would be the factory/ distribution network and reverse listing to the ASX, still got a good position to negotiate a fair merger price at the moment unless we have had a bad quarter with large cashbleed, the longer we wait the worse position we'll be in to negotiate a good result IMO.
A merger and successful few Q's would put us squarely on the radar for the big auto companies to acquire also IMO.
Quarterly update will be any day, not liking how low we've gone lately, only positive is that there has been no volume behind it, if it was a leaky ship it would have people falling over eachother to get out.
