not if the earnings guidence says they will free carry a profit out of the new subsiduary.
They will have a 20-35% stake in a well funded profitable business, the reason many of us bought into ARR in the first place.
Could go to zero? Yes, perhaps, but would require all of their efforts to fall over.
They have a profitable core, it's just been hampered by the alterate exposures to the wireless saga in india, china.
IMO, they have taken the right measures to agressively tear off the bleeding limb, and wheel their way forward.
IMO, I see more upside from here.
And the SP rally to 10c, is evident, that a few are aware of the earnings guidance coming, but not many.
Cheers
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