VMT 4.17% 12.5¢ vmoto limited

Ann: Vmoto Acquires the Business and Assets of its UK Distributor, page-41

  1. 2,973 Posts.
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    Yeah it's alarming when I read those words, it's basically cutting off the nose (share price) to spite the face (the market) - I can't tell if it's the view of one specific investor trying to win an argument and doing a bit of damage along the way, or the company effectively writing itself off the exchange - I don't know.......That the company would plot this course of action deliberately, isolating themselves further (leaving contact details off the announcements?) is not something I had even considered, but brought to our attention in the post above is alarming and raises a few issues if this is the case - file it away as it may be important in future.

    I see the Megaport/NXT chap getting savaged by the markets and the media, and I know a few people thought he was the second coming and above the markets. Same with the poor Magellan chap - nice guy but ultimately destroyed by the markets. Reminded me a little of this unfolding saga on VMT - take on investment markets at your peril, I say, ignoring them as a listed company - even worse. If you don't want to be on markets, don't be on markets.
    Last edited by HarkenBanks: 10/03/23
 
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