Ann: Trading Update and Capital Raising Presentation, page-31

I'm diving head-first into this dumpster fire, partly because I'm already waist-deep & have a rule to sell all or double-down in these scenarios.

Still expecting this will be a good medium to long term move, but I had similar thoughts when it was around $1.40-$1.50 Dec 2018 & Jan 2019.

Very unimpressed with capital allocation decisions. Overpaying for expansion (incl. practically gifting equity to Chemist Warehouse) & now raising capital at an all-time low price. Hard to believe the capital raising last August was at $4.85.