VMT 0.00% 12.0¢ vmoto limited

I would have preferred a premium too. I just can't muster the...

  1. 5,678 Posts.
    lightbulb Created with Sketch. 1742
    I would have preferred a premium too. I just can't muster the energy to get too worked up about it when I got to buy shares @$0.17 a few weeks ago. Right now the five day VWAP is sitting a bit under $0.50 and the one month is about $0.45.

    It's all part of the journey of growing from small cap into something much bigger. Now that we are over $100m market cap we are more likely to be of interest to larger institutional investors. With only $137,000 average daily traded (last 30 days) getting a few early adopter institutional stakeholders on board through some strategic capital placements is all par for the course and part of the journey. Lack of liquidity of trading in a stock becomes a barrier to further appreciation of market cap.

    Anyway, the share price has gone a bit parabolic of late. A pull back is to be expected. Given I am free carried on about half my holding now I'm not sure I can be bothered trading VMT at the moment. Let your profits run.
 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $50.18M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 5874 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 15885 2
View Market Depth
Last trade - 07.00am 10/09/2024 (20 minute delay) ?
VMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.