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13.5¢ vmoto limited

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Rojam

411 Posts.

36

09/09/22

17:33

Post #: 63619511
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Originally posted by Ubl0xm: ↑

The way I see it is that there is no critical mass in their order book. 8000 odd orders as at 1/7/22 is not going to rocket production and sales figures for the current half. There is always an unsettling ambiguity about where the large orders to give them a solid growth foundation are going to come from. B2C is not gaining traction at any great pace and B2B is always going to potentially be a feast or a famine. Until VMT get some substantial recurring sales volumes to underpin growth it is hard to see the share price improving as there is always a lingering doubt. So many 'potential' prospects, hopefully they all build into a solid recurring order book sooner rather than later, then we might start getting some traction. Two years in and 20% down in case you were wondering, a bit of a frustrating journey but still holding out hope. It won't take a lot to shore things up but the cavalry never seem to come over the hill. I'm sure they will eventually. Almost sure that is.

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Agree that production numbers are woefully small - is there a lack of demand? And if there is demand (as shown by its order book) is the company capable of ratchetting up production in coming months?

VMT Price at posting: 39.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 13.5¢		Change 0.000(0.00%)		Mkt cap ! $54.70M

Open	High	Low	Value	Volume
13.5¢	13.5¢	13.5¢	$4.255K	31.51K

Buyers (Bids)

No.	Vol.	Price($)
1	73394	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
1	73394	0.135
4	100123	0.130
4	107937	0.120
9	253784	0.115
3	160000	0.110

Price($)	Vol.	No.
0.140	77027	2
0.150	120024	4
0.155	21896	2
0.160	7000	1
0.170	4423	1

Last trade - 14.42pm 21/05/2024 (20 minute delay)

VMT (ASX) Chart

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