Most undervalued stock on the ASX ?, page-6

I agree. I don't have confidence in the companies due diligence process, nor the purchase process. 

I think the effect of the buy-up was to group together the worst performing practices (or practices that were 'on-paper' performing well but otherwise had issues and couldn't be sold otherwise) in a style that naturally inflated the price of the businesses that didn't reflect true value. 

I think its probably trading now at fair value and it will take some considerable work from the management team to turn the group around and add-value.