VMT 6.67% 14.0¢ vmoto limited

vmt should not dilute existing shareholders, page-4

  1. 1,540 Posts.
    lightbulb Created with Sketch. 59
    'However they are not quite yet in the position
    to be consistently generating cash.'

    Sents do you know something we don't. I doubt it.

    The company went into profit in June. They are forecasting profit
    for the year ending Dec 2013 of b/w $300000-$600000.
    There OEM contracts ramp up further 2014 about 70% from memory.
    Orders for there chinese models exceeding expectations.


    I disagree with you. The company is generating cash now I don't see that
    stopping.


    W.

 
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