well it seems I was 3 months early!
I've had a nice little win in the last 7 days, hopefully when the dust settles there will be a nice re-rate.
Most liked posts in thread: VMT - Vmoto Limited
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I guess since we lost pixel no-one has been watching this one creep up.
9.72% up today to 79c
Vmoto’s electric scooter sales accelerate worldwide on back of electric vehicle revolution
As the electric vehicle revolution unfolds, Vmoto (ASX: VMT) achieved record international sales for its electric scooters during the March 2019 quarter.
International sales for the quarter rocketed 80% on the same period last year and were up 57% on the December quarter.
Overall, for the March period, Vmoto sold 3,821 scooters worldwide, with European customers and distributors accounting for the vast majority of sales at 3,122 units.
The electric scooter sales into Europe during the March quarter was an 85% increase on the December period and 275% higher than the previous corresponding quarter.
Underpinning the increased sales is a growing order book, with Vmoto receiving deposits and orders for 2,292 units by the end of the March quarter. More...
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