VMT 0.00% 6.9¢ vmoto limited

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

  1. 14,964 Posts.
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    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".
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Mkt cap ! $15.25M
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