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12.0¢ vmoto limited

Agree that production numbers are woefully small - is there a...

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Rojam

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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 12.0¢		Change -0.010(7.69%)		Mkt cap ! $48.62M

Open	High	Low	Value	Volume
12.0¢	12.0¢	10.5¢	$98.84K	862.0K

Buyers (Bids)

No.	Vol.	Price($)
2	51227	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	91775	4

View Market Depth

No.	Vol.	Price($)
2	51227	0.110
2	24000	0.105
2	110000	0.100
1	10499	0.092
1	50000	0.091

Price($)	Vol.	No.
0.120	91775	4
0.130	14792	2
0.135	180600	4
0.140	200389	3
0.145	58010	2

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last 10.5¢			Change -0.010 ( 19.2 %)
Open	High		Low	Volume
12.0¢	12.0¢		10.5¢	59617
Last updated 14.19pm 30/04/2024 ?

VMT (ASX) Chart