Good question rasaj re independent directors.I emailed the...

Good question rasaj re independent directors.

I emailed the Chairman on 10 Mar with the same question.
Extract of the email.

" 2. Where are the majority of independent directors on the Board protecting the interests of minority shareholders ?

I count 1 of 4 directors is independent ( Karai )

3. How reduce Debt without capital raising

There is scope to raise $20 to 30M by reducing Inventories with proceeds to reduce debt.

Inventories as a percentage of sales revenue has blown out from 10.2% in FY17 to 14.7% at HY20. "

Did not receive a reply.
Inventories to revenues have increased since Slaven took over as CEO.