OGA
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1.12% 9.0¢ ocean grown abalone limited

Ann: Half Yearly Report and Accounts, page-2

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  1. LT_Investor
    1,742 Posts.
    lightbulb Created with Sketch. 116
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    28/02/19
    09:12
    Post #: 37596931
    Anyone care to justify how they arrive with this statement?
    https://hotcopper.com.au/data/attachments/1454/1454136-0778062fa928e2ad9df965e4829435d7.jpg

    There total revenue only increased $167K compared to H1FY18 however they increased " Fair Value adjustment of biologial assets" to $3M to make their book look good. Not sure what is this item about.

    https://hotcopper.com.au/data/attachments/1454/1454137-53924332fe8d392a213cbf833bef4aca.jpg

    OGA Price at posting: 16.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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