Yes, I am like minded.
I first bought in back in 2012 at .60.
I got worried about the subsequent crash in the share price, and so in April 2013 I sent the then MD an email expressing my concerns. He responded with the glowing optimism he is know for, and so I decided to top up at just above 0.20.
Two days later, the company went into a trading halt. When trading eventually resumed, the share price opened at around .08 cents.
Fortunately, I at least had the sense to sell off half my shares then and there.
Call me a glutton for punishment, but I have recently bought some more shares at the current levels. The reconstituted management hasn't really restored my confidence in the company, but it does seem to me that they have put up the 'For Sale' sign.
Vmoto has had very strong sales growth this year... the evidence seems to suggest that electric vehicles are gradually becoming mainstream.
Another thing to keep in mind is the divestment campaign against carbon-energy. Given that some fund managers are refusing to buy oil and coal stocks, you would have to assume this would only serve to increase interest in resource companies focused on the obvious alternative.
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