daytrading jan 6 afternoon, page-2

  1. 19,172 Posts.
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    Thanks HL. I always like reading your posts.

    Hi everyone.

    I hardly ever come to the Daytraders threads but thought I'd pay you a visit with an update on VMT.

    Its a promising electric scooter company with state of the art German technology that has been bogged down with a massive fight between management and a major shareholder who wanted to oust the entire board.

    He had 48 million shares and once he lost majority support at the egm, started smashing our share price with some pretty severe selling.

    Word is he finished in the last few days with one final assault to 1.1c.
    This puts our market cap at a piddly 8 million and the land alone that we own is worth 7.

    Hugely oversold and maybe worth a look.

    Good luck.

 
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