But last year written off inventories about the same amount. Need more info to understand better. Could be normal in gloves biz to write off old inventories. Also last year depreciation/write off of equipment also very high 20m hence loss of 7m otherwise will be in black for 13m. higher than this quarter. More question marks.

Share prices not just about financial reports. Factors include potential, sentiment n to certain extent risk like gambling. You can argue both ways till cows go home but what matters market will decide with or without any of us. So trade at your own risk.