Ann: FY20 Results - Media Release, page-4

Just checked my watchlist to find your post - absolutely right @hinbidoffer - there could be more detailed explanations but the basic reasons are there. This is looking like a turnaround story like a lot of other Covid 19 bricks & mortar retailers. As the lockdowns are lifted things will head back towards more normal times. Now that they have shaved off the less profitable stores and the online sales have improved I expect that there should be improved profits particularly with the opening of more Skincare clinics. I am on the cusp of getting back in - I do see that there appears to be a big seller offloading slowly so as not to kill the price any further - wonder who it is?