That's true. Although right now a building, some land rights and 80% equity in another company which may be affected by Nanwang defaulting sounds like it would fall very short of $7 million. I could be wrong, though.
As you said, it's a one-time hit and if they execute well on their operations, this will be a small footnote in their history.
As I see it, it was a big hit and the company's market cap was appropriately discounted because of that. Now it's back to operating. Hopefully they will continue with similar results as the past couple of quarters.
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