AZL 0.00% 1.9¢ arizona lithium limited

Jaded,Asian companies predominantly use a term called "Paid-up...

  1. 297 Posts.
    Jaded,

    Asian companies predominantly use a term called "Paid-up capital" which means that Vivotek have 'deposited' 'locked-in' and committed almost $20M to the authorities there, before they can trade as a public company.

    You are confising the "paid-up capital" with their 'market capitalisation' which is in excess of $70M.

    Mate, whichever way you look at this, it is a coup of the best kind, and the much-needed cash-flow, pick-and-pack heaven for ZYLotech.
 
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