Ann: Acquisition of Genex by J-POWER - Scheme is Effective, page-21

For those looking for Aus companies that are in growth markets supporting global carbon reduction targets, take a look at Australias only Australian owned and publicly listed electric vehicle company (two wheelers), Vmoto (VMT).

Recently their sales dropped but (disclaimer) I'm heavily invested and following closely. The companies been doing a hell of a lot of work in the background to expand sales beyond Europe and into Indonesia, South America, China, Malaysia and the rest of south east Asia. They will push into India and US soon too.

Like anything, theres risk, largely geopolitical their manufacturing being concentrated in China but they sell knock down kits to international ventures who build them on their own soil to reduce tarrifs and utilise local government subsidies and also recently expanded (doubled at least) manufacturing capacity by building another facility in Thailand and another under construction in China.

Currently the risks are priced in. Getting all their hard and cash assets at a discount in the share price.

Notably, they are cashed up, and last two times they rose capital their share price shot the lights out in the years that followed. I'm expecting the same again but time will tell.

Of course, do your own research and all in my opinion.

Peace to all and happy profit taking for the GNX venture.

Perhaps I'll catch some of you over on the IFT & VMT forums in the near future.