Bad news takeover unless given NIU Technologies shares. I am in VMT for 5 years & targeting about $5B MC or $18 SP.
When you look at the numbers closely Greenmo continuing to double there fleet every year will result in 50% YOY growth for VMT.
You only need one more Greenmo or a few smaller B2B buyers with similar plans & 100% YOY will be achievable.
VMT don't have to have huge market share to keep doubling sales every year as long as they have the likes of Greenmo onboard.
Ann: Market Update, page-25
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 12.3¢ | 12.5¢ | 12.0¢ | $18.04K | 145.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34537 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 473439 | 3 |
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| Last trade - 15.58pm 12/09/2024 (20 minute delay) ? |
| VMT (ASX) Chart |