I am very surprised that there was not more impairments, especially for the DCB business but also Clipp.
Maybe they convinced the auditors that they can sell Clipp for close to the book value ?
The marketing business is not doing as well as I had hoped. I will probably have to wait until the half yearly to get a better idea of what is happening.
In my opinion if they can sell Clipp and the DCB businesses for a decent amount, that may be the best way forward.
Lets hope that C2B solutions is a better acquisition than Eggmobi.
MBE Price at posting:
6.2¢ Sentiment: None Disclosure: Held