VMT 0.00% 6.9¢ vmoto limited

Is this the ASX's answer to Tesla....on 2 wheels?

  1. 14,964 Posts.
    lightbulb Created with Sketch. 437
    Good morning friends.

    A lot of noise is starting to be made about electric transportation.
    Even election campaigns are featuring goals to get everyone silently moving from A to B, in these charged up vehicles.

    While enthusiasm for exposure to this sector is growing, I believe many punters see the likes of Tesla as the only place to park their investment dollar. Not so!
    I would like to take a moment to remind investors of a home grown opportunity. Yep.....Vmoto (VMT) which is listed right here on the ASX.
    This tiny Company (MC around $14 mill) has branched out into Europe and has rapidly increasing sales on models with very good margin.

    With only 220 million shares on issue, a cash flow positive quarter under its belt and a developing awareness of the value on offer, many may soon be looking back at this current share price with one of those forehead banging moments and saying: "why didn't I".
 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
0.000(0.00%)
Mkt cap ! $15.25M
Open High Low Value Volume
6.8¢ 6.9¢ 6.7¢ $2.077K 30.22K

Buyers (Bids)

No. Vol. Price($)
1 7347 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 31204 1
View Market Depth
Last update - 13.58pm 23/04/2019 (20 minute delay) ?
VMT (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.