I suspect the new CEO has also kitchen sinked this half's report a bit too.
Write down inventory, add costs that would otherwise be spread out over years and it all adds up to a shocker (which it was).
But the coast is clear now for him to get to work on fixing all the things that need fixing.
I'm not adding any more, but not hitting sell either. Already down circa 70% so not much to lose from here
Ann: Appendix 4D & Preliminary Interim Report - 30 June 2021, page-8
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