VMT 3.70% 13.0¢ vmoto limited

well done long and short termers

  1. 12,409 Posts.
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    Fundamentals are the king and the sp always will adjust sooner or later. Yesterday some chart users predicted a sp fall as 3.6c did not got hit. Today 4.1c close, evidence for a rerating based on the performance rather than on a graph.

    Let's see if the momentum gets carried over into next week but as I said months ago, there must be fools at the helm to stuff this huge opportunity up.

    The management team did a great job switching from petrol to e-scooters, recognising the shift worldwide.

    Todays buying power could have come from traders but I am convinced bigger forces have positioned themselves here.

    GL to all and enjoy a sp above 4c.
 
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Last trade - 10.27am 01/08/2024 (20 minute delay) ?
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