wYou are 100% correct. A lot of people will be very disappointed when the results HY1 comes out Argichem has taken a massive hit, no cost control. Debt hungry machine!
I'm pretty sure they are still on the Shopping spree mode.
Someone throw a lifeline (more borrowings)
Do we see 60's and 70's after the HY1 results?
DYOR.
Ann: FY23 Results Investor Presentation, page-65
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