I hope UBN take the pain while the share price is low anyway and write off all the intangibles they can in one hit. Then they are in a stronger position to build on - as long as they can keep EBITDA positive.
The 12 new deals mentioned in this announcement appear to mostly be new business for the company, the ones that are expansion of existing contracts are the bigger sized deals. It's good that they can do both at once.
Ann: UBN New Contract Wins, page-8
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