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.
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- Ann: Appendix 4C- June 2021
Hi APK. The company secured over $10M in inventory. Please refer...
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