VMT 0.00% 11.5¢ vmoto limited

What your implying is that they have fully penetrated their...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 163 Posts.
    lightbulb Created with Sketch. 63
    What your implying is that they have fully penetrated their markets. To put in perspective, imagine their share of motorbike/scooter sales.

    "By 2018, the total number of motorcycles to be sold worldwide is expected to be approximately 132.4 million units" (google)

    This is a grain of sand on a beach compared to the amount of scooters sold in a given year.

    + The rideshare companies turnover stock every 3 years so there is a recurring nature to that revenues.

    ... They grew after doubling, and expect to grow in the next quarters.

    They will be doing triple the units they did in June 2019 by June 2020

    This is a freebie.

 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.