Wow. Just read the report. All 22 pages of it. Impressive.
Biggest plus for me was that soco selling @34k units into China p.a. which means heaps of capacity for VMT to increase output (several fold) without any need to get more production space.
I figure ex-China sales will soon pass China sales.
Also comforting to know that the valuation method to declare (short-term) target of 70c is conservative and based on good old DCF methodology. Yay!
Price, page-7
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Last
12.5¢ |
Change
-0.015(10.7%) |
Mkt cap ! $52.27M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $684 | 5.469K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18994 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 773188 | 6 |
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| Last trade - 15.19pm 23/08/2024 (20 minute delay) ? |
| VMT (ASX) Chart |