There will be a massive impairment of goodwill at some stage, surely... how long do you give the auditors before they do that...the values are provisional - watch this space....
Goodwill of $62mil on a business that would have generated gross revenue of $158k pa and which would have contributed a loss of $2mil.
Glad I stopped holding this stock a long long time ago when it was getting pumped as CRO....and exited in the positive....
Ann: Half Yearly Report and Accounts, page-39
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