Alright, I've cooled down a bit now and did some research over lunch.
Given that management were the issue in the past, the issue may be over. The new CEO founded Bravura Solutions, which I like and almost invested in at one stage (think I was short of capital at the time). We could be onto something here.
Genuinely thinking they just had to tidy up after the incompetence before them. So the recorded loss may not be too bigger deal.
My main concern is the idea of factoring in 'greater amortization costs'. Could really impact profitability.
BPS Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
