Wow!! What a surprise!!
- There's more money going out than coming in, this has never changed.
- Other than fresh milk sales, when will they sell what they make for a profit?
- What happened to the USA deal?
- China seemed to have little interest the previous product shipped over there, why are the May 2023 shipments likely to be successful?
- Are the shipments to Malaysia and China paid for by the distributors?
The presentation says:
"The Board is confident the investments which the Group is making in FY23 will translate to product sales and revenues toward the end of 2HFY23 and into FY24"
No mention of profit, no mention of why this hasn't happened to date or what the new strategy is.
Is anyone in this business going accept responsibility for the dismal performance?
Ann: Half Yearly Report and Accounts, page-3
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