My thoughts are that both announcements today all go well with CCV and the business model moving forward, particularly moving into weaker economic times ahead.
The last paragraph of the impairment announcement I think highlights that, if the company sticks to its game plan, will create revenue growth and opportunity over the long term.
All on top of what appears to be a sustainable 8.5% fully frank dividend and a PE of "7" moving into the future.
Ann: CCV enters Enforceable Undertaking with AUSTRAC, page-4
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