Ann: Preliminary Final Report , page-2

If discontinuing really is discontinuing then this result looks pretty good to me. Continuing business EBITDA of $43m, less $9m of interest, less a bit of tax, and this puppy is kicking out cash of $28m...against a market cap of $180m I think is not a bad multiple.

Lack of dividend can be justified...part way through strategic review, holding some ash back to pay down debt (current liabilities) in case their bank doesn't extend.

I'm happy for the moment even if they don't sell, subject to discontinuing not hurting in the future.