It’s not a fire sale, but they are slowly offloading discontinued lines at discounted (but still profitable) prices. I guess it helps that the weak AUD allows USD prices to be reduced without reducing equivalent AUD prices. Reducing inventory is boosting cashflow relative to profits, the business is currently highly cash generative. If recent orders are sustained, inventory continues to be run off and XTclave is successfully commissioned on time, clearly the share price has a lot of upside.
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