Ann: Investor Presentation - FY20, page-10

@stockastic - This report is the 30 June 2020 snapshot. Keeps talking about MilkLab as one of their best brands. It was one on 30 June. Since then, there was the recall and MilkLab has virtually disappeared from the market, you can only buy it in the discount outlets like catch.com.au. I find it very concerning that this has not been addressed in the outlook, or in the 'where to from here' section - they should not be silent about it. If the management wanted to be frank about the matters, today's announcements should include the current update on the revenue and the outlook. MilkLab is no more, check with your nearest barista.

However you slice it, this report is the much worse than anticipated. I am generally an optimistic person but my prognosis is that this is aiming for a RFG scenario - 10c and struggling to survive for a foreseeable future.