VMT 0.00% 13.5¢ vmoto limited

Ann: Half Yearly Report and Accounts, page-66

  1. 2,176 Posts.
    lightbulb Created with Sketch. 204
    Hello Vmoto.
    https://hotcopper.com.au/data/attachments/3540/3540793-df330b1794dcdeadfdd31e6b8f818a76.jpg
    https://hotcopper.com.au/data/attachments/3540/3540796-814491a3fbf9b011e26aa1bf7c0928f3.jpg

    Are they coincidence?

    Victoria is about to overhaul the transport infrastructure following the footsteps from Europe.

    I thought about VTM a few months ago but I was reluctant to trade because I was wary about the transport system in Melbourne.

    Are scooter hire companies going to collapse after the unsuccessfully lead from bicycle hire companies?

    Melbournians dumped the idea of bicycle hire.

    So will Vtm be at risk in the future?

    Vtm is a manufacturer, not a rental company so Vtm should be a good investment in light of the government's support.

    The covid has changed the transport reliance on Train, Tram and Buses. Commuters are using different type of transport like cars.

    Car dealers have been so attractive but how many people could afford cars?

    Cars are not welcomed in the city fringe areas so the idea of electric scooter is the best alternative.

    Electric scooters are used by food delivering retailers and the sector is in strong demand due to the pandemic.

    That's not to mention about the India investments in Australia's green transport system.

    There is a very strong chance that Vtm is a next big thing so I am in today


    Last edited by equityma: 03/09/21
 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
0.000(0.00%)
Mkt cap ! $56.45M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $8.113K 60.09K

Buyers (Bids)

No. Vol. Price($)
1 28112 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 8133 1
View Market Depth
Last trade - 15.04pm 29/07/2024 (20 minute delay) ?
VMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.