The good news ,in terms of forward planning for a capacity greater than circa 400,000 units per annum, is they hit the ground running and have started the new factory well before their contractural commitment to do so in February next year.
Looks like they could have it finished well in advance of the February 2026 deadline.
10x current sales is mind boggling. Adding another factory in two years is unbelievable. I guess the conversion to electric will happen really fast once it gets a foot hold which is starting to happen.
The good news ,in terms of forward planning for a capacity...
Add VMT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
-0.020(11.1%) |
Mkt cap ! $66.61M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 15.5¢ | $5.354K | 33.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 128559 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 37181 | 1 |
View Market Depth
| Last trade - 15.58pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
16.5¢ |
Change
-0.020 ( 5.71 %) |
||||
| Open | High | Low | Volume | ||
| 16.0¢ | 16.5¢ | 15.0¢ | 10941 | ||
| Last updated 13.13pm 28/05/2024 ? | |||||
| VMT (ASX) Chart |