Those headline numbers are very ugly but don't come as a surprise. I am extremely intrigued by the $12mill LTAM CGU impairment--what the hell is going on there as historically AGI has called out LTAM as a strong market for them.
Devil is in the detail so I'm reserving my judgement until we see more detail and a breakdown of their financials on the 27th.
Ann: AGI Release - Business Update, page-3
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