not going to argue over motivated senior team. Concern to me is the fact they still aren’t repaying any NAB debt due to being able to defer due to covid. A true indication won’t be known until these repayments are taken in to account as they are substantial given the debt levels accrued. Covid jobkeeper was a saviour at the time due to dwindling income. Let’s hope the LEAN strategy allows them to overcome the shortfalls and progress as they should have been all along
Ann: AGM Presentation, page-6
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