Same deal with the 50% Clark sale to Alcantara. So Site wants to reduce debt, and in comes Alcantara on the white horse and picks up Clark for most likely pennies on the dollar.
And of course the pending fine - ASIC reference 'knowingly' which probably was the case. I also saw a facebook post from an old subsidiary of Site (can't remember which one exactly) mentioning they no longer want to be associated with the Site business associated with fake enrollments or whatever the issue was, and I assume they were talking about Productivity Partners.
I'm prepared to punt at .005 based on Clark and Site skills international and the debt reduction from Alcantara's winfall.
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