Hi APK. The company secured over $10M in inventory. Please refer to the 4C and announcements.
Inventory increase is fuelled by demand for their products, and purchasing more stock due to lockdowns in Sydney & Melbourne. And growth in ebay sales.
Suggest you study in a bit more detail to gather a more holistic view and understanding of cash.
Capital Raise was done just a couple of months back, specifically for inventory and growth.
Thanks for your contribution. Have a nice day.
HT8 Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
