Yes YOY profits and revenue were great. What you need to do is take AR 2017 SAR 2018 and AR 2018 and look at them side by side. Profits H1 were 50 M Profits H2 were 3M Those rapidly declining profits are the reason for SP. And before you say this was because of NEXT or 100T of NDPr into inventory which many on this board are saying. All NEXT expenses were Cap ex so no impact on profits. See Q cash flow reports line 2.1.a
When finished goods are moved to inventory they go in at fair market value see note 20 in 2018 AR. JARE payment had no effect either, Cash went down Debt went down no impact on profits.
Why did this happen it is simple NdPr prices peaked in MARCH and fell sharply till July. and have been flat since then. I posted this many times as did others. There were a few that said prices were not falling. You obviously believed the wrong people without looking it up for yourself.
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