Good Question, HB
I guess we will have to wait until the annual report to see the balance sheet for that answer. It could be an increase in inventory of Raw Materials or other components to build Bikes. My best guess is due to a price increase on many raw materials globally, maybe VMT is stocked up using this cash.
Ann: Vmoto's 3Q21 Market Update, page-42
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.70M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $4.255K | 31.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73394 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 50000 | 1 |
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| Last trade - 14.42pm 21/05/2024 (20 minute delay) ? |
| VMT (ASX) Chart |