Had another look at the financials.A remarkable turnaround in...

Had another look at the financials.
A remarkable turnaround in HY2 after a dismal 1st half.
# more than earsed HY1 loss to produce a profit for full year.
# NPAT margin in HY2 >10%.....An elite figure.
# Restored financial health to better 2023.
# R & D stayed on par with 2023.
# reduced inventories. The standout is that the $4m drop in inventories was mainly from finished goods & work in progress that we thought obsolete scrap that RFT will not be able to sell. On the other hand raw materials have actually increased by $2m.....They must see signs of recovery to stock up on raw material.
I have to say that the dismal 1st half falls squarely on poor oversight of the old board & the remarkable 2nd half is a credt to the new team we have been mocking.