Pretty decent result given state of Indonesia over the period. They are carrying a high level of inventory but not that much higher from last year. Some explanation for decline in gross profit and in general on results and outlook would have been helpful.
Cash of 1.5 Mil and NTA of 3.4 cents per share does make one wonder why they were going for a capital raise and ended up in the mess of suspension.
Ann: Preliminary Final Report, page-11
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