Good to see another business update, but still vague on financial details. It is hard to convert RMB revenue to Australian dollars. If normal revenue is down 61%, how much of this has been offset by mask production? The complete picture remains unclear.
Also notice that the clearance for masks in Australia was April, 2020, but Chinese clearance date is August 2020.
Regardless of this business update, I am still not happy with their inability to satisfy the auditors. Until this happens, the ASX will not lift the suspension, and hence our shares remain worthless. Today's report is achieving part of my hopes, but not sufficient to satisfy me that all will be well in the long-run.
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