VMT 3.85% 13.5¢ vmoto limited

14c a share and doubling your money in a day.The Italian...

  1. VYR
    4,481 Posts.
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    14c a share and doubling your money in a day.

    The Italian connection was the seed from which Vmoto's credibility grew big time.

    After exiting Power Eagle and the Chinese market in 2017 to concentrate on building an Internationally focused company, the Italian JV with Graziano Malone and his connections with Giovani Castiglioni and the Italian Prestige brands played a massive part in changing the face of Vmoto from a dull Chinese brand to the slick operation with connections with all the right influencers that we see today.

    Who would have thought Putin would Invade Ukraine, Hamas would rape and massacre over a thousand people at a music festival and Houthis would terrorise ships trying to use the Suez canal.

    The last three years of mayhem have taken the shine of the bumpy rise in share price from 5 cents to 7cents in the first four months of 2019 and the eye watering jump to 14c on the 1st May when the badging agreement with Ducati was announced which was closely followed by the the seriously fast rise to 65 cents.

    2 x in a day and 13x in less than 2 years is pretty to watch.

    The company has infinitely better foundations to dwarf that performance going forward on the way to lifting sales more than 20x filling the two factories.

    A bumpy ride from 14c to 21c, an overnight trip to 42c and a short journey to $3.80 when the fat lady sings will be a great performance for those who have tickets.



    https://hotcopper.com.au/data/attachments/6263/6263008-26240be700c5b3edaed11acba57f7a39.jpg
    https://hotcopper.com.au/data/attachments/6263/6263011-3502e0d6373c3e7dc03716daa07addfe.jpg

 
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14.5¢ 55000 2
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