SXY 1.59% $3.10 senex energy limited

Ann: FY18 guidance on a non-recurring gain and impairment, page-16

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  1. 1,159 Posts.
    lightbulb Created with Sketch. 137
    SO Correct.
    Impairment is a write down in the value of the business worth / value. $113m of unjustifiable value found its way onto the BS and then a year or so later its written off. Back then that $113m represented circa 20% of SXY total corporate value.
    Any sleepless nights for ID whislt carrying that fudge for soooo long.
    Doubt it , he sleep pretty well with his $17K per WEEK pay packet.
    Where is the CAPEX forecast for FY 19 he almighty???
    Last edited by Elliot5: typo 17/08/18
 
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