So there was a net drawdown or write off from inventory of $208k for the half year. No details are given at the half yearly, but at June 30th the inventories comprised:
Of more interest in the half yearly, imo, is the change in current liabilities, increasing from $3.085m to $6.547m. Of the ~$3.5m increase, Trade and other payables increased $665,000 to $1.24m - what were these for? Nothing to do with trading, as the inventory drop almost covers the cost of sales.
And the Other financial liabilities increase came from unsecured loans, as per note 10.
CGB Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held