There will always be ups and downs.
Those of us who know and understand VMT's fundamentals well agree that this will go one way.
Seems you don't agree with the direction.
Love to learn from others so thought I'd research how reliable your word is before I follow your advice to mark it. I'm giving you 0 out of 10.
"Fishy's 40 bagger" hasn't come home for you unfortunately.
It's easy to see why you were excited about W2V . They are certainly satisfying a market need but not doing it profitably will always lead to failure.
It will be very hard for them to come good IMO with the share price and market cap at these levels and minimal cash in the bank to fund ongoing losses. Unless they can operate the business and service their existing customer base with 30% of their existing head count they won't survive in the current market. They will end up in the same grave yard as Greenmo, VMT's biggest customer and Super Soco VMT's B2C alliance partner
You can't win them all but very through fundamental analysis which supports buying when others are selling will give you the best chance.
We have seen where companies with a strategic plan that is not funded to profitability and have to raise capital to fund their losses end up
VMT is still delivering positive operating cash flows and has a massive cash balance to keep building the foundations for the rebound that will come when interest rates drop.
Try doing a bit of research you might be surprised where it leads you.
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.09M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 11.0¢ | $42.72K | 387.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 170793 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.110 |
4 | 102144 | 0.105 |
4 | 170000 | 0.100 |
1 | 30000 | 0.095 |
1 | 37500 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 170793 | 4 |
0.125 | 278283 | 6 |
0.130 | 243255 | 4 |
0.135 | 82972 | 4 |
0.140 | 578739 | 2 |
Last trade - 14.52pm 15/11/2024 (20 minute delay) ? |
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