VMT 4.00% 12.0¢ vmoto limited

Ann: Vmoto's 2Q22 Market Update - Continued Sales Momentum, page-36

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  1. 2,973 Posts.
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    On further thought on the below, we might not be able to underestimate this, @chand, @Footmax, @Inchiquin, @paradoxfox, @pods, @huabamane, @alex.s, @veeone and others. There was a dude employed by VMT shareholders dedicated to increasing shareholder wealth, as an explicit objective - working for shareholders to achieve shareholder value as a dedicated objective, who achieved that in 2020, and got instos involved - and all of that has reversed since it ended. VMT M-D is still doing a great job building and selling e-bikes around the world, the Chairman was focussed on shareholder returns and keeping it all above board/governance. The share price and shareholder wealth was a lot higher under the ex Chairman, and it was nothing unsustainable at all, it was just as expected when you invest in a company on the ASX. VMT right now is an absolute micro, micro, micro cap (penny dreadful in old stock market parlance). Those are absolute facts. This is an interesting and important discussion, I reckon.

    Cheers
    HB

    https://hotcopper.com.au/data/attachments/4557/4557904-e0d1774fa8f6e5cb7826c5621ee9d536.jpg

 
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