Gee Brown,
Not sure what you are replying to but are we really in a bull market and are we really getting left behind? A company specific couple of client bankruptcies have smashed the VMT share price down by a very over reactive market, but Revolt is back already stronger than ever and Green Mo has been replaced well and truely by new players.
Even with the markets massive negative reaction to the loss of potential revenue following the Green Mo bankruptcy VMT has performed much better than the other big Chinese producer of two wheel EV's
Since the recent highs:
NIU is down 91% from $49 to $4.30
Vmt is down 61% from 64c to 25c
Sure there are some companies that have had company specific events that have worked well for their share price but any talk about a bull market is pretty premature.
Are Stocks Headed for a Bull Market? Might have to wait a while.
Quite a few hurdles still to jump.
Worth noting that revolt sold 7,639 units in the year ending march 2022 and managed 12,922 in 2023 in spite of being in bankruptcy for several months.
None of these units feature in the unit sold numbers in the VMT quarterly updates.
Worth keeping in mind that if you invest in Indexed funds you are taking a punt on the excellent , the good ,the bad and the ugly. If you can elliminate any of the worst ones you will do better. If you can pick the really good one or two you will be laughing all the way to the bank.
Remember though if you can't afford to lose the bet play it safe.
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $58.54M |
Open | High | Low | Value | Volume |
12.0¢ | 14.0¢ | 12.0¢ | $8.165K | 61.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 35627 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 620570 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 35627 | 0.120 |
2 | 36152 | 0.115 |
1 | 2500 | 0.110 |
2 | 16500 | 0.100 |
1 | 7000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 620570 | 5 |
0.145 | 83210 | 3 |
0.150 | 385114 | 5 |
0.155 | 98432 | 2 |
0.160 | 70000 | 1 |
Last trade - 14.31pm 16/08/2024 (20 minute delay) ? |
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