Ann: 2015 Business Update, page-3

Agree not a great update.
The asset sales would only have impacted earnings by a couple of months so cant blame this for them failing to deliver the promised $10M EBITDA for H2 that they announced at the end of March.
Ongoing audit issues a new one considering their prior announcements that these were finailaised or near so and were better than expectations
longer term turn around than expected here - agree down to 10c seems right