IMO we will see the VMT CHART heading to $1-00 PLUS short term on the back of the recent sales order of $13m.
The electric motor vehicle industry has obviously seen a lot of interest over the past 12 months. NIO the Chinese electric motor vehicle manufacturer was at around US$2-00 early last year and is currently sitting at around US$62-00. Tesla was at around US$80 at the same time and now is sitting at US$846-00
VMT IMO has the potential to be a $10-00 plus stock as more orders flow and revenues grow.
One must take in to consideration VMT is a profitable expanding company and the share price is lagging IMO.
If VMT was listed in the USA we would probably already be $10-00 plus
VMT CHART heading to $1-00 PLUS
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.45M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $1.335K | 10.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55192 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 66416 | 1 |
View Market Depth
| Last trade - 12.56pm 31/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |