Ann: Half Year Accounts and Appendix 4D, page-9

More or less as I expected. D&A was less than I expected, Borrowings are $6.5m and Deferred consideration is down to $6.7m.

They lent Clipp another $0.6m, Clipp owed them $2.9m as at 31 Dec 2016.

MBE's share (31%) of Clipp's losses was $50,466 for 2 months, therefore Clipp lost approximately $162,793 in 2 months.

I am not sure why they purchased another 66% of Clipp, it appears to be a waste of money to me ? Time will tell.