Ann: Preliminary Final Report, page-9

  1. 808 Posts.
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    It's actually pages 43/43.

    Of more concern is the $20m of intangibles attributed to C Billing which is the model that has been "suspended" or is running down or whatever.

    Did they write off enough?

    Thought I saw that they want to flick Clipp yet no impairment there either.

    I know some people think that EBITDA is the be all and end all. But when you are dealing with companies who don't have widgets to sell and instead have big $$$$ intangibles, you need to look very very closely at the return of those intangibles. $20m for something that is allegedly on the shelf?

    It has to be brought to account sooner rather than later.

    They need a truly independent board.
 
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