I think the reference is to the $34 million impairment to goodwill, plus another $8 million of loss, partially offset by $2 million tax credit. This equates to an 11.3c loss per share or the roughly $40 million. That's a miserable year. Then of course the dividend statement in the past few years had included a statement for the end of year which included a statement of the declaration of a dividend. This is curiously absent. I can understand not declaring a dividend. I can't understand or accept not making a statement about it. It represents a major change with implications for shareholders' income and the share price.
VRS Price at posting:
5.7¢ Sentiment: None Disclosure: Held
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