Problem is VYR that the UK bike market is tiny. Eventually VMT have to get critical mass to enable them to reduce unit costs and remain competitive, otherwise they will doddle along with good margins and small volumes until they are simply swamped by the more aggressive manufacturers as the EV market accelerates. Right now because of early entry they have an opportunity, but windows of opportunity can close at frightening speed; ask the English Cricket Team about that !
How good the Bird opportunity may be we have yet to discover, but India is the future and it's a hot place to invest right now. Meanwhile not a Dickie Bird from VMT Management, who continue to treat shareholders with a remarkable lack of consideration. Cheers. 2000.
Problem is VYR that the UK bike market is tiny. Eventually VMT...
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $52.67M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 12.0¢ | $22.73K | 182.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31385 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 208534 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.010 ( 4.00 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 2800 | ||
| Last updated 12.48pm 03/05/2024 ? | |||||
| VMT (ASX) Chart |