Gee 2000 you shouldn't be holding back on the apologies. There is a very succinct and very old expression about barking up the wrong tree.
The truth as demonstrated by the numbers you misrepresent is that VMT is the star performer. 2021 first half sales up 97.8% on the first half of 2019. Compared to royal enfield who are down (19.4%). Thats a massive 120% better in that 2 year period.
We know the VMT SP, which by the way is fairing better than Royal Enfield, hasn't performed as well as it should have since the Chairman left. Maybe it was what happened before he left that was the problem.
Could his good business management have been the root cause of the SP dropping since he left. Maybe it would have been better if he had figured out like most shareholders that raising capital wasn't good business management at that time.
Sure Covid was a big threat to the balance sheets of other motorcycle manufacturers as their sales were being smashed but VMT's sales were rising. The CR we had to have unnecessarily diluted all shareholders including Charles and Ivan who could well have been really pissed off, but more importantly it let three Institutions onto the register with their algorithms and ability to drive and drift the price down while they accumulate.
Can't wait until we get on the All Ordinaries Index and the Institutional Sheep rush onto the register to give our Three Bad Wolves someone with deep pockets to feed on. There comes a time when driving and drifting the price up and exiting on a high makes sense.
VMT Price at posting:
33.5¢ Sentiment: None Disclosure: Held
(20min delay)