Ann: Business Update, page-209

It's a very disappointed update.
1. Profit after tax for FY2017 is estimated to be around $14m, implied forward PE 37 @$5.35/share.

2. Net cash: $1m

3. Currently is compliant with bank facilities requirements. Didn't mention gross loan?

4. Inventories: $105m - $110m, about six months sales.
Chinese customers are very picky about manufacturing date, they like 'fresh' products.

Pending class actions and possible capital raising?

Stock market is full of uncertainty.

DYOR & GLTA.