Agree totally & the write down has been pre-empted. It will come as no surprise. Yeager's strategy is a good one. Get the crap news out first, clear the decks & then deliver a plethora of good announcements. I wouldn't be surprised if the "good news" has been deliberately held back until after all the bad news was disclosed to the market.
FDM Price at posting:
21.5¢ Sentiment: None Disclosure: Held