OK, maybe I was a little harsh in my narrative so I went back...

  1. 3,590 Posts.
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    OK, maybe I was a little harsh in my narrative so I went back and had a little deeper look at the 4E report....

    I looked at the impairment of "intangibles" (ie Goodwill) on the FMG & BLC acquisitions totaling circa $3.4 million.

    Here are them selling those acquisitions to the punters...

    https://hotcopper.com.au/threads/ann-anagenics-to-acquire-face-medigroup.7537852/

    https://hotcopper.com.au/threads/ann-cellmid-to-acquire-blc-cosmetics-pty-ltd.6288830/

    Here is one of my comments at the time...

    https://hotcopper.com.au/posts/56112500/single

    ......no, not harsh enough!!

 
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