I'll join in on whinging.
It's a hard one.
Markets vanishing left right and centre.
Gavin's replacement?
Margins now dropping? After we cut low margin business?
$17m in the kitty with $13m debt
The problem I see with this newsletter is it's not nearly as positive as the last 4C commentary.
As I said in Oct/Nov, the business isn't doing well, customer demand for eco friendly products isn't nearly large enough. I thought first mover advantage would take care of us, time's ticking.
Ann: Shareholder Newsletter, page-46
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