Vicinity Motor Corp
Company: Vicinity Motor Corp(formerly Grande West Transportation ) Listings :TSXV , US OTCSOON to be up listed at Nasdaq Ticker: VMC.V (previously BUS ,) BUSXF at US OTC Market cap at time of publication: $210 MCAD Stock price at time of publication: $7,26 CAD ( before reverse split 2,48 CAD) Business: Leading supplier of electric, CNG, gas and clean-diesel buses for
Company: Grande West Transportation (Soon to be Vicinity Motor Corp) Listings :TSXV , US OTC SOON to be up listed at Nasdaq Ticker: BUS , BUSXF Will be changed to VMC effective 29/3 2021 Market cap at time of publication: $214 MCAD Stock price at time of publication: $2,48 CAD Business: leading supplier of electric, CNG, gas and clean-diesel buses for both
So why are the markets falling? The federal reserve bank in USA controls short interest rates but the market controls among other the 10 year yield . Anticipated growth and inflation has pushed 10 year yield higher meanwhile it’s closed the gap to the yield on stocks on the big USA indexes causing selling pressure.
I have previously owned shares in the Swedish cleantech company Climeon. Climeon produces heat power systems, converting waste heat and geothermal heat into clean electricity. I will not be doing a longer post about this company since I do not currently hold any position however since they provided an update today I wanted to give
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