A $22 to $25m writeoff - I wonder how much of the "intangibles" they been spending on will be written off? Last half yearly report had $5m of "purchase of intangibles" which were really software development costs that weren't expensed. Last financial year had $8m of "purchase of intangibles". Always a bit suspicious of companies which talk about EBITDA all the time as if D/A isn't relevant.
A $22 to $25m writeoff - I wonder how much of the "intangibles"...
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