Ann: 2019 AGM CEO's Speech, page-107

Well, one thing is for sure it's not as bad as the May 2019 trading update when the company announced impairment charges to its intangibles.

This is a different cycle, highly capitulative.. shareholders (smaller funds) throwing in the towel... Don't see it trickle lower like the May update as they announced a full negative update and that got priced in quickly. Just hope the market isnt anticipating an equity raising any time soon but think it had some $90M cash on hand last FY and needs to pull a rabbit out of the hat.