@AJstock,
I have just taken the opportunity to review the Half Year accounts based on your insinuation that there is large stock on hand.
In the figures it shows that Inventories are up by $5,542,027 vs year ago.
It also shows that Prepayments are up by $4,216,672.
Please take a look at the notes specific to the prepayments...............
"The prepayments are payments in advance to suppliers for the supply of electric two-wheel vehicle inventories."
Does this require further explanation?
If my understanding of the situation is correct, then what other of your assertions are erroneous?
News: VMT Vmoto H1 Revenue From Continuing Operations Rose 50 Percent, page-52
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