CRO 2.33% 8.8¢ cirralto limited

Ann: Initial Director's Interest Notice, page-5

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  1. 758 Posts.
    Hi undaunted, ‘asset value’… no, we are not buying shares in the asset, but shares in the company and what value do you put on a company with no buyers for the shares? If the ASX allowed increments below $0.0001 do you think MOT shares would still be at $0.0001? Also our cost average was actually higher than you have indicated.

    We have taken a position and paid for that position. We are now a shareholder and therefore have interests aligned with other shareholders as per our business model. This and any other new capital will be viewed and importantly utilized to grow the company.

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    Disclaimer: I am the MD of Raptor Global Corporation Ltd and now also a non-executive director of Motopia.
 
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