Ann: Investor Presentation March 2015, page-10

The 'one-off' costs are related to the two acquisitions (primarily Arte Mobile), as stated in the slide:
Professional Fee related to Acquisition (One Time Off): A$127k

There's no mention of costs of the float, additional wage expenses incurred due to growing the business or anything related to the spin-off. The closest thing we have to this is the free cash flow for the half from Malaysian operations. Clearly the definition of "free cash flow" is subjective, so I take it with a grain of salt. Nevertheless, even with all these things factored in, it's still cheap in my books.

As for the bot, I'm more than happy to have it buy and sell, so long it provides me an opportunity as a value investor.