Hi bulldog
In a nutshell they have a $5mil cash profit what they are writing off is goodwill which is a non cash item so while it reduces the company value it does not effect the company's cash position.
I think there is possibly more good news than bad in this because they've removed some loss making parts of the business.
In my opinion .036 is way over sold.
DYOR
$5.1m 9 month profit!, page-8
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