This wasn't the last announcement this month, there is more to come.
First, the less good Q3, and now the cap raise of additional 10 million with 24 million in the bank. Here, I'm scratching my head.
Some big dicussions must have happend behind the scense for future deals and they proably projected huge sales numbers for 2024. They would not build a second factory in China and assemble a joint factory in Thailand if they weren't certain that they will sell thousands of bikes.
I see this positive, but one can argue about the price.
DYOR - Enjoy your Friday!
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