Look i am confused..
Balance Sheet: 3.8m in Inventory. What inventory? What is the split between injectables and cosmetics etc? This balance is a massive red flag and leads me to believe there is obsolete stock. Injectables inventory has a strict shelf life as administered by the TGA.
The Co, amongst other things, needs to provide reassurance on this, that being said i will ask the auditors at the AGM myself as they would have undertaken the audit of Stock on Hand at year end..
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- Ann: 2020 Annual Report to Shareholders
Ann: 2020 Annual Report to Shareholders, page-3
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
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