Vmoto and FCA Bank, page-31

This FCL mob keeps getting more interesting.

They bought out Drivealia in 2020 and want to launch into all Europe from the Spanish base.

https://www.drivalia.es/en/about-leasys/

Car hire, leasing and charging points / depots.

Maybe that is where the battery swap network will get funded, so again, that $25m might not be needed given Riba in Brazil, Charged in Indonesia, Mahindra (Pininfarina's parent) in India are / could all fund a JV manufacturing plants.

So what to do with it? The $25m.

I think maybe Castiglioni's posts about Nasdaq might have been a bit of spontaneous exuberance but that the sentiment about impending growth might be right.

Substitute 'Euro' for 'Nasdaq' and we might be on the same page

So the question remains, could the $25m be somehow used to seed the Euro listing by a 2-step buyback of the tightly held Aus-based shares and then "re-issue" the @20% of the share base for uptake by our Euro friends? No net dilution for current holders, a kick for the market liquidity and daily turnover and resumption of upward SP growth. The company gets the $25m back to fund more growth.

The VMT is on an exchange in a country (or countries) that are halfway interested in EVs.

I need the lawyers to huddle over that one but the mind does boggle.

Some interesting possibilities out there.

Cheers