Fair enough sivart. In that vein, what I think it will take to make 5c a support level or a wishful entry point is any one of:
- more sales at more retail stores. I agree this may take a few months because of winter/CNY, but it is also most likely to be the driver of sustainable share price gains.
- major ramp up in Etropolis sales. This presumably wouldn't happen until at least northern hemisphere winter, and even then looks unlikely.
- high volume of deliveries into Garansindo (Indonesia). This is more likely to ramp up over a longer period since I presume there is a phase of modifying designs for the Indonesian market.
- parts JV is put in place and we find out that with increased production capacity and minor pricing tweaks, VMT's share of profit is targeting over $1M in first year (wishful thinking, I think it will take aa bit longer than that).
- a significant sale of street cleaners, i.e. 100+, with the expectation of more later. This is the biggest wild card which might happen any time, and might never happen.
Good luck all!
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Fair enough sivart. In that vein, what I think it will take to...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.18M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $8.817K | 76.66K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 111995 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 173997 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 111995 | 0.115 |
4 | 81022 | 0.110 |
1 | 8257 | 0.105 |
3 | 24500 | 0.100 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 173997 | 5 |
0.125 | 199381 | 3 |
0.130 | 447698 | 5 |
0.140 | 563112 | 2 |
0.145 | 112654 | 3 |
Last trade - 13.01pm 27/09/2024 (20 minute delay) ? |
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