The market updates confirm that the distribution agreements are time restricted to ensure that VMT doesn't have to continue dealing with a dud distributor. There would be all manner of covenants which allowed VMT to cancel the agreement if the Distributor wasn't performing.
This from the latest market update.
International Distribution
In 4Q22, the Company signed and renewed distribution agreements with international distributors in Czech
Republic, Greece, Slovakia, France, Moldova, Jamaica, and India covering the warehousing, distribution, and
marketing of its B2C and B2B range of electric two-wheel vehicles.
- Forums
- ASX - By Stock
- VMT
- Ann: Vmoto Acquires the Business and Assets of its UK Distributor
Ann: Vmoto Acquires the Business and Assets of its UK Distributor, page-63
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMT (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $58.54M |
Open | High | Low | Value | Volume |
12.5¢ | 14.0¢ | 12.0¢ | $17.69K | 133.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 73958 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 653031 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 73958 | 0.120 |
2 | 36152 | 0.115 |
1 | 2500 | 0.110 |
2 | 16500 | 0.100 |
1 | 7000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 613031 | 3 |
0.145 | 26000 | 2 |
0.150 | 385114 | 5 |
0.155 | 98432 | 2 |
0.160 | 70000 | 1 |
Last trade - 15.57pm 14/08/2024 (20 minute delay) ? |
Featured News
VMT (ASX) Chart |