Ann: H1 2018 Trading Update, page-26

Agree its a drain but they can't sell it, or rather they could but wouldn't get much for it, as they would want to keep the direct carrier billing relationships that they also currently use for the Q&A division. Thats the only reason they overpaid for bought Track, and underpins the subscription business model.

Market has overeacted and CM8 has been oversold imho, as before the issue was large outstanding debt. But this has just about been paid off, so what is the issue now for this mark down? Track poor performance? Thats been priced in for ages. So whats the excuse now??