Seriously do we really need to wonder.
Management have demonstrated the ability to get the number one seller position in the markets they target they are very busy building new associations, new up market products, new management teams, a new European Head office in Milan and doubling the size of the factory to provide space for lease to parts suppliers and growing Rand D functions and production of new models during this difficult period for sales so they are ready to hit the ground running at full speed when the market turns.
Can't blame them for what Putin and Hamas have done to world economies and cost of Living together with the associated lack of spare cash floating around for people to buy discretionary items. All that will pass as sure as night follows day.
Paying peanuts will only attract a bunch of monkeys. VMT has a great business plan and rewarding good performance in the execution of that plan will inevitably lead to the market valuing the business properly when things normalise.
Equities investors should know they need to be patient during the down times. Those who do, particularly the ones who "buy when others are selling" will be exceptionally well rewarded when the good times return.
Cheers
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $52.27M |
Open | High | Low | Value | Volume |
11.5¢ | 12.5¢ | 11.5¢ | $17.75K | 150K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 53963 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 230743 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53963 | 0.115 |
2 | 70000 | 0.110 |
3 | 78257 | 0.105 |
2 | 16500 | 0.100 |
1 | 33000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 134435 | 4 |
0.130 | 447698 | 5 |
0.135 | 94459 | 2 |
0.140 | 563739 | 2 |
0.145 | 112654 | 3 |
Last trade - 15.23pm 04/10/2024 (20 minute delay) ? |
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