@RedRocket005 Where in the HY report is this stated "Management have stated the inventory is planned to be sold down once shipping delays start to turnaround,."
Six months ago, they said there was an inventory buildup though that has washed through now.
I was accurate in timing of last debt raising and am confident in the timing of the next as well. FYI, Covid as increased the inventory turn by about 0.5, resulting in extra WC being needed to fund the same sales, i.e. even before the funding of new sales. So 3 things are happening ; increased sales requires more WC, existing sales need more WC and debt facilities are not as large as was previously stated.
