VMT 0.00% 12.5¢ vmoto limited

Ann: Vmoto announces Share Purchase Plan, page-80

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. 147 Posts.
    lightbulb Created with Sketch. 13
    Is it the 'major discount to VWAP' that spooks you or that the company is after cash this early? We have been lead to believe that the books are healthy (where have I heard that before) and operations will not be significantly affected by the virus. If so, maybe it is just a management precautionary measure and getting in early while cash is around?
    I would be very interested to know why they would be 'desperate for cash'.
 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.