Ann: Half Yearly Report and Accounts, page-49

I have never been in it at all. Red flag central since day one.

The impairment says they'll buying crap businesses that can't stand up to the low budgeting hurdles used as assumptions. Management tell investors one thing of amazing growth yet the assets aren't justifying it. Secondly, razor thins margins and lac of scalability, even if they grow a lot, profit will be marginal if it ever comes through whilst it'll require large amounts of working capital to do so. This is not the formula for a rewarding investment. I have been quite clear in detailing what the impairment suggests and why what revenue growth that does come through won't look very good. Two different points from the report that add to one story: wasting shareholder money on assets that won't deliver the outcomes promised.