Not sure that take overs of failing businesses is necessarily a positive.
if these were takeovers on the back of business success rather than failure I would agree.
record sales and profits are nice, but this is the underlying investment thesis anyway. Don’t think anyone invests in Vmt on a cash cow basis to harvest dividends. One could look at the results as a loss of market share in a rapidly growing industry and market. The European electric motorcycle market grew fast than Vmt’s sales.
Not sure that take overs of failing businesses is necessarily a...
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $58.54M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $5.766K | 40.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19709 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 79659 | 2 |
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| Last trade - 13.51pm 12/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |