This announcement doesn't ingender investors confidence!
Is this issue of shares to Duchess Capital or other fundraising?
The liquidity of MOT must now be surely under question, as $68,100 raised just prior to end of financial year must be due to severe cash burn. This casts severe doubt as to the viability of the company and dilution to shareholders.
Cheers
Silver
IMO DYOR
Ann: Appendix 3B , page-2
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