A $1.25M adjustment, that means their distribution business sold for $4.6M - $1.25M = $3.35M.
What was the value of inventory? Looks fairly cheap?
This distribution business was the jewel in the crown back in 2012, what happend?
Legal proceedings dropped, excellent, surely this announcement is market sensitive?
No new projects announced since the two solar farms in January 2020. Something must surely drop soon.
Cash balance drops by another $1.25M, bugger.
Ann: Finalises Sale of Product Distribution Businesses, page-2
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