Ann: FY23 Annual Report, page-72

Especially if you are of the view (not implying you are) that the outgoing Chairman is part of the obstacle with respect to capital allocation.

Either way, I suspect we will see announcements regarding capital expenditure before then.

Seems odd not to conduct a buyback when the SP is significantly lower than it was previously and the company has just banked the same amount required to do it again. One possibility is that they have an major investment planned but too soon to announce. Who knows.

It was good at least to finally see this product in production and ready to roll out:



Only 65% of previously approved China label products were able to get through the GB registration, and you'd expect the other 35% would be starting to sell out or withdraw from shelves over the 6-12 months.