Ann: Peter Nathan appointed as Non-Executive Director and Chair, page-9

His relationship with the corporate daigou (AZ Global) involved behind the scenes here in AHF was also behind the collapse of A2 Milk in 2020.

He took profit at the peak and left the company picking up the pieces even now, 3 years after he was pushed out.

Same thing happened at BUB, and they are trying again here. I used to think PN was a highly talented operator but its since become clear he was simply benefiting from market conditions in which the daigou trade flourished. Those conditions are long gone but he's still trying to push a daigou focused model with his mates.