PPG
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6.25% 1.5¢ pro-pac packaging limited

Ann: Performance rights lapse, page-4

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  1. AngryPrawn
    595 Posts.
    lightbulb Created with Sketch. 85
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    22/02/19
    14:16
    Post #: 37532462
    Under the account rules, write-downs occur on impairment - which is defined as a reduction in expected future cashflow.  With a 10.7% rate of return (as per last year's report), the company is saying that there has been a huge drop in revenue. 
    PPG Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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