Agreed with your analysis. I notice the approach to outstanding...

Agreed with your analysis.

I notice the approach to outstanding and ongoing issues is;

"Therefore, the Board has taken a full impairment on Quantum Group (including Learntree) of $53.1m, as required under International Financial Reporting Standards."

which is so transparent compared with ACO's anouncement on Friday evening, which could be paraphrased as "because of uncertainty we just wont release accounts yet"

Refreshing.

Or am I missing something?