I'm surprised to see that the $90m as disclosed by WC on the NSX has been written down to a "fair value" of only $55m (before the $13m of impairments stated in ARL's financial report).
Is anyone surprised by the extensive impairments and expenses within ARL for just four months?
How about the over $257k in legal expenses with a legal firm of which one of ARL's directors is a partner?
I thought ARL was going to be a hum-dinger for PIF investors but it doesn't seem to be working out that way.
It doesn't seem to be working out that way.
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