VMT 0.00% 13.0¢ vmoto limited

What a load of rubbish. If they do not look after current...

  1. 1,164 Posts.
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    What a load of rubbish. If they do not look after current shareholders then chances of getting new shareholders is a lot less likely. Anyway as per usual the delay is due to bad news of sales down 50% so that suggests an insider had knowledge and placed his large sale accordingly. Saving grace for VMT is the 41 million cash and the associated assets including the new factory which appears to be progressing well. The company just needs to guard its cash, don’t get involved in any silly investments and ride out the current economic environment until buyers return to purchase their bikes.
 
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