Exactly!
That's why people aren't jumping up and down screaming buy from the rooftops, it's a genuine and well founded concern IMO.
I think there is a really good chance at least $20m will be wiped off the carrying value on the inventory, ie; that's how much of it I think is surplus to needs and will be sold for 10c in the $.
Only positive being results already included this in it's cashflow so we no it's no company breaker like Dick Smith
TRS Price at posting:
$4.89 Sentiment: Buy Disclosure: Held
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