Vmoto are due to complete a re-negotiation of their PowerEagle contract by the end of the month. The original contract was valued at ~$81 million.
As Vmoto were successful delivering on the contract, many are expecting the contract to be renewed, perhaps at higher margins and volumes.
AFD also suggested a merger of the two was a possibility given the length of the negotiation and the frequent meeting of company heads.
Trading in VMT has a 'funny' way of being ahead of the curve. Follow the trend.
China forecast to become world's biggest electric car market, page-18
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $58.54M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 14.0¢ | 12.5¢ | $23.67K | 181.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24593 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 674332 | 4 |
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| Last trade - 14.23pm 09/08/2024 (20 minute delay) ? |
| VMT (ASX) Chart |