Hi bulldog
In a nutshell they have a $5mil cash profit what they are writing off is goodwill which is a non cash item so while it reduces the company value it does not effect the company's cash position.
I think there is possibly more good news than bad in this because they've removed some loss making parts of the business.
In my opinion .036 is way over sold.
DYOR
Hi bulldogIn a nutshell they have a $5mil cash profit what they...
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