Its hard to take a post that starts with " How the hell on earth...

Its hard to take a post that starts with " How the hell on earth is a company down in the last 24-36 months" seriously.

Well done taking the opportunity to point out how important the founder of Feedmoto and current major shareholder and driving force, of the Vmoto we see today, is to the stella company performance we have seen since covid hit in 2020.

Since Charle's new strategic plan was introduced and seeded in, he has managed to double profits year on year through three of the most difficult years in recent history.

When the Russian war and resultant COL pressure in Europe put downward pressure on sales this year, right in the middle of a massive committed capital expenditure program to feed the growth in sales that management were forecasting as we approached 2023, he has dug deep in his own pocket to strengthen the balance sheet and given all shareholders the same opportunity before welcoming outsiders to contribute.

Whilst we have suffered a bit of dilution it leaves the company much better positioned to survive the difficult time ahead and emerge ready to take advantage of the opportunities that will inevitably follow.

Good luck to the existing and new shareholders who wisely, in my opinion, recognised that VMT is extremely well managed and well directed by people with skin in the game who are motivated to deliver a good result for shareholders.

Big discounts elsewhere.

A good example of a company that likewise needed to raise capital recently because of difficult market conditions is HLS which is is Pathology and Imaging in the healthcare sector. .

Their management team who are motivated solely by their pay checks not shareholders interest needed to raise capital.

The 34.6% discount indicates that but for the quality management and their support for the CR we could have been much more heavily diluted if managed by others.