VMT 4.55% 11.5¢ vmoto limited

Hey JC,You mention that - "I mean the top 20 will surely step in...

  1. 1,139 Posts.
    Hey JC,

    You mention that - "I mean the top 20 will surely step in and mop up if shares are to be bought..."

    Im not so sure. Why would large shareholders buy more of a stock that have resulted in losses of 50-80 percent or more. Especially if the current board stay in place. Averaging down maybe but in this situation with the uncertainty of Vmotos future, I doubt it.

    If Mr F/G do not spill the board i doubt that there will be any more large shareholders that would be willing to take up the fight. It will either be too late or they would have come up with an agreement with the current G/F team. No use putting VMT through all this again when it can all be resolved this AGM and EGM.

    G/F will sell their shares if they are not successful therefore the SP is going down and there will no longer be anyone else willing to challenge the board for misleading us for so long.....

    I strongly believe that change needs to occur because we're still being left in the dark and the current board are only promising better days ahead like they always have been. The problem is that nothing materialises therefore heads must roll for Vmt to get back on track....

    GC
 
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