Vmoto to delist from ASX
Vmoto has announced its plans to delist from the Australian Stock Exchange (ASX). The company is unhappy with the market cap it attracts on the ASX, which it feels is not in line with its fundamental value.
Vmoto has announced its plans to delist from the Australian Stock Exchange (ASX). The company is unhappy with the market cap it attracts on the ASX, which it feels is not in line with its fundamental value.
Vmoto has turned early stage investor for a host of fleet mobility startups across the world. The investments are in the form of scooters, batteries, chargers, and other fleet infra. This is helping the company get a foothold in a new market with limited spending.
We look at the important electric launches from EICMA, an event where Honda finally showed seriousness to electric mobility and came with a mid-size electric sports motorcycle and some scooters. Also, unveilings from Zero, Silence, Can-Am, Kymco and many more.
Vmoto has been an impressive and intriguing company. On the one hand, they have the broadest and most impressive range of products; on the other hand, they have disappointing sales volumes. The situation has been dismal over the last two years. Is it a long-term vulnerability?
Not everyone gets treated equally, or fairly, and that is a reality. The global equity markets are rewarding the potential future than fundamentals.