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???
- Forums
- ASX - By Stock
- SXY
- Ann: FY18 guidance on a non-recurring gain and impairment
Ann: FY18 guidance on a non-recurring gain and impairment, page-16
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online