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VMT

4.17%

12.5¢ vmoto limited

I have held these for a very long time and am not sure how much...

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royfern

364 Posts.

13

20/03/18

00:38

Post #: 31872193
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Originally posted by Inchiquin ↑

I agree that Vmoto has definitely been 'under the radar', and considering this, it is a fair assumption that it won't take too much good news to propel the share price upwards.

Alas, part of the reason that the stock has been so widely overlooked is because the management have done a rather lousy job of talking up the company over the years, at least in my estimation.

It does seem to me there is widespread ignorance about this stock, and this apparently even extends to stockmarket professionals who really should know better.

To give a recent example: just read the first line of this article by an Australian Fund Manager on Emerging winners from the electric vehicle megatrend, which appeared a few weeks back:

'While there are no Electric Vehicle (EV) manufacturers listed on the Australian stock exchange...'

The fact that this Fund Manager isn't even aware of the existence of Vmoto doesn't speak much for the efforts of the management to promote this company to the investor community over the years (although mind you, it also doesn't say much for the supposed clean-tech sector expertise of the Fund Manager in question.)

You wonder where the share price of this company might wind up once the financial pundits finally cotton that that there is in fact, one Electric Vehicle manufacturer listed on the Australian stock exchange.

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I have held these for a very long time and am not sure how much Longer i can put up with their crapy performance. Best wishes to all.

VMT Price at posting: 6.4¢ Sentiment: None Disclosure: Held
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