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Vmoto attempts to placate dissidents

Troubled Perth-based scooter manufacturer and retailer Vmoto has provided another market update, amid growing pressure from shareholders to reveal more details surrounding key contracts, financial details and the status of its executive search.

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GC
This sounds like more of the typical Vmoto BS with no substance, they have been selling everyone for the last few years. What about the disaster Scartt II, which is a law suit waiting to happen. What are they going to do to address the serious quality control and supply issues they have. I here dealers can't and are not recieving stock on time. Also orders are delayed for months. What about those issues, I bought this stock at 16 cents now it might as well be worth nothing and I see nothing good in the future they way its continuing to go

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Vmoto (VMT)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
140thResource Development Group65%-7%
159thDigitalX56%5%
568thVmoto-21%-26%
572ndAtlas Pearls and Perfumes-21%-16%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

11/09/18
$35k Bought
29/06/18
$43k Bought
25/06/18
$32k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

77th↓Resource Development Group$16.0m
78th↓Vmoto$15.9m
80th↓Atlas Pearls and Perfumes$14.7m
81st↓DigitalX$13.4m
237 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Vmoto

449thCharles Chen$269k
718thIvan Teo$152k
1238thKaijian Chen$40k
Ranked by total remuneration from all listed WA companies

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