Many people are not reading financial detail. Actually BAA did a perfect job and they controlled cost very well.
The lost, not just the $10M of non-cash charge, but all of lost are not real, because the other more than $10M lost came from Namoya financing borrow change and interest in previous quarters.
If excluding those charge, the current quarter has a net profit.
I will expect BAA to recover quickly after people understand the Q1 report
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