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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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $58.54M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $395 | 2.908K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 67545 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 55000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 67545 | 0.135 |
1 | 36889 | 0.130 |
2 | 64000 | 0.125 |
3 | 31871 | 0.120 |
1 | 34652 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 55000 | 2 |
0.150 | 889143 | 6 |
0.155 | 11716 | 1 |
0.160 | 506000 | 3 |
0.165 | 20000 | 1 |
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