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Vmoto secures $5m in standby equity finance deal

Perth-based scooter manufacturing and distribution group Vmoto Limited has secured long term access to working capital of up to $5 million under an agreement with licensed broker and investment bank Fortrend Securities Pty Ltd.

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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

17/09/18
$20k Bought
11/09/18
$35k Bought
29/06/18
$43k 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

448thCharles Chen$269k
718thIvan Teo$152k
1238thKaijian Chen$40k
Ranked by total remuneration from all listed WA companies

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