VMT 0.00% 12.0¢ vmoto limited

Is this the ASX's answer to Tesla....on 2 wheels?, page-7

  1. VYR
    4,714 Posts.
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    Hi Niels.

    ATHER is an interesting read thanks.

    Interesting to read that they have Hero Fin Corp offering 5 yr terms at 8.5%
    And AutoVert offering an online leasing search to low doc leasing finance.

    Unfortunately as they are a private Company its not possible to see how they are performing or what they have got that allowed them to pull in the millions from Hero.

    They must have had a bit more than blue sky to get a $70m valuation when HERO came in???

    They do seem to have subsidies in their price structure which show up when you click on whats included. Not sure about them saddling everyone with an annual subscription for charging and running costs. I'm firmly in the user pays camp so that would put me off.
    The big negative I see for them is the fixed battery and charging subscription. Having to park beside a charging point or your garage power point for 1minute per Klm would have to be super inconvenient compared to charging the battery under your desk. The annual subscription for charging also means if you can't use the PP in your garage or an ATHER point your paying twice.

    I hope they have put a lot more thought into the other stuff than they have into charging convenience.

    One wonders if they have to offer subscription maintenance to over come negative concerns about build quality.

    Lets hope E-max-European Technology-Italian Design -made in China has a better market acceptance than Conceived and made In India.

    The Hero Investment sure gives some confidence that VMOTO's market cap could be in for a big up-tick.

    Looking forward to the quarterly.




 
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