They have about a year to turn it around, worrisome though that 1/3 of the revenue is still the R&D tax rebate, never know Twiggy may like abalone but would probably buy it out of administration or take a cornerstone when it needs to cap raise.
Premium pricing for abalone is all about the restaurant trade and family gatherings, weddings, birthdays, chinese new year gifts etc which isn't happening.
Ann: Appendix 4E and 2020 Annual Report, page-6
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