Goodwill, page-5

And there it is. The only argument I heard was that goodwill is non cash. But it was a fair chunk of their balance sheet. Also, of all the bragging about cash against market cap, this was LAST. YEARS. CASH! The BS now looks horrible, and was expected. I didnt expect it to be quite as bad, but more so the market to respond even quite as it has. If you want a punt, I would definitely be buying at 11c. Margins have decreased, but this is still a business selling goods at a profit when you take away the mess left behind by Mr Conflicted.
If you buy at 11c, you might even see yourself making 20% in a day!
If I had some spare $$ to throw around and couldnt be stuffed getting dressed to go down to the casino....