Important to remember that you don't have to incur a big capital cost and dilute share holders to buy a human.
It has been said that VMT's current production line can assemble 130,000 completed units PA with the addition of a few more humans.
The first VMT bike that came into my possession was delivered in a flat pack like a piece of furniture from Ikea.
I think there is a good case for VMT to deliver Complete Knock Down Pack bikes, rather than assembled bikes, to dealers who sell a few a month.
The dealers could add value by assembling the bikes in their service department when they weren't busy doing servicing.
The folks who think that VMT should have robots bolting the bikes together should stick to loosing their money elsewhere.
A Win Win.
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Important to remember that you don't have to incur a big capital...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $48.09M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.5¢ | $5.75K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 290909 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 518317 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 290909 | 0.110 |
3 | 92144 | 0.105 |
4 | 170000 | 0.100 |
1 | 30000 | 0.095 |
1 | 37500 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 518317 | 3 |
0.125 | 278283 | 6 |
0.130 | 268255 | 5 |
0.135 | 82972 | 4 |
0.140 | 578739 | 2 |
Last trade - 15.57pm 14/11/2024 (20 minute delay) ? |
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VMT (ASX) Chart |