preliminary final

Now call me optimistic, but the latest preliminary final got me excited for some reason.

Not only the India negotiations but also the advanced stages of the China developments with an office being established within 3 months. Things must be going along pretty nicely.

The strangely exciting part was the impairment charge. Why the writedown? The impairment charge is priced mark to market. This tells me someone wants in on MVH big time. Can anyone remember off the top what the purchase price for Medic Vision Health Pty Ltd was and the breakdown of its assets?

Without remembering the above questions off the top, I'll go out on a limb and say this is very bullish imo especially in the face of a share buyback ie carry forward as many losses as possible. With this impairment charge now written down, MVH looks like a shiny new clean slate with a 100% increase in revenue (derived from simulator sales AND INCREASED ACTIVITY IN SKILLS TC's). Good time for someone to take a very large stake in MVH imo.

Any thoughts?

Cheers,
The Sparkler