VMT 3.85% 12.5¢ vmoto limited

Gosh this is cheap., page-2

  1. 505 Posts.
    lightbulb Created with Sketch. 11
    Tend to agree with you, Gotta, but I wonder if the oversold position is in part being caught up in the sharemarket reaction to the Chinese crackdown on E-commerce and food imports such as BAL, A2M, etc. despite the obvious major difference from the ag business. VMT also being more of an exporter than importer. Having said this, the sp was up slightly today when the formers were down significantly.
    I really do believe VMT have got the right recipe so I've been a LT loyal (silly?) holder. The BD & Mgt just have to find a way to bring it to market and demonstrate in the sp where it counts to sh. I would expect the sp to rise dramatically after the next earnings report because there should not be the writedowns to distort stat earnings from underlying earnings. AND it is oversold imo too.
 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $52.27M
Open High Low Value Volume
12.0¢ 12.5¢ 11.5¢ $16.87K 140.5K

Buyers (Bids)

No. Vol. Price($)
2 101173 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 529397 3
View Market Depth
Last trade - 14.43pm 30/08/2024 (20 minute delay) ?
VMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.