CNW 0.00% 3.0¢ cirrus networks holdings limited

someone was happy, page-29

  1. 10,867 Posts.
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    We have been through this also and it is because of the ACQUISITION. That does not mean the underlying business is LOSING MONEY like you're suggesting.

    I dont know how else to phrase this.

    Read the balance! 3 million financial liability for acquisition. Increased provision allowance for the acquisition. Borrowings- for the acquisition initial purchase!

    Take those out of the current liabilities and you'll see the existing business made money haha
 
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