The cash stated in the quarterly is what's left outside their day to day activities. There is enough to produce the contracted bikes and sold VMOTO bikes deliver cash to produces new ones. They've got no problems for the day to day business operations but I agree a multimillion dollar expansion is off the cards. But that's where the investors will jump in as a new JV, corner stone, partner or t/o.
Again, we see a world wide shift from combustion to e-powered vehicles of all types. That's what makes VMT valuable for the future. Those who can't think further than from 12 pm to noon won't get it.
The cash stated in the quarterly is what's left outside their...
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13.5¢ |
Change
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Mkt cap ! $56.45M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $1.335K | 10.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55192 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 66416 | 1 |
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| Last trade - 12.56pm 31/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |