Hi undaunted, ‘asset value’… no, we are not buying shares in the...

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.