$1.1m in operating cash outflows in FY20 and bleeding advisors by the looks of it - article said they had 185 advisors back then and the announcement makes it sound like there is just over 100 left.
Hopefully they can rip out a heap of duplicated costs post acquisition to get more out of the business- but an indication on the anticipated impact on CUP earnings would have been useful.
CUP Price at posting:
60.5¢ Sentiment: Hold Disclosure: Held
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