Ryphil,
VMT may have the current core business in China but it has been globally for years preparing the infrastructure for "E-Day". There are many similarities to the Tesla story, just on a lower scale. The more air pollution becomes a problem for governments the faster the e-vehicle business grows. Of course there are about 3000 e-bike producers in China ( according to the internet ) but the most of them are backyard businesses which don't comply with the rules. VMT has proven to grow responsibly with some supplier acquisitions which of course takes longer than taking on huge mountains debts to grow with the speed of light.
VMT has always been playing by the rules, which is extremely important in China. That way takes longer than taking shortcuts but it provides a solid base.
I bought more yesterday and will continue on the way down, 5c is the lowest end of the valuation and anything sub 5c is a gift. This stock is unlikely to make holders rich overnight but is very likely to turn a small investment into a small fortune over time.
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Price target of 7.5c or 8c this week., page-106
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $52.27M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.5¢ | $32.02K | 250.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 276029 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 120000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 191029 | 0.115 |
3 | 110000 | 0.110 |
2 | 58257 | 0.105 |
2 | 16500 | 0.100 |
1 | 15000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 120000 | 1 |
0.130 | 371018 | 3 |
0.135 | 149459 | 4 |
0.140 | 572189 | 3 |
0.145 | 49000 | 3 |
Last trade - 10.46am 18/10/2024 (20 minute delay) ? |
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