FIG 0.00% 2.0¢ freedom insurance group ltd

how low can this go?, page-235

  1. 323 Posts.
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    Im an accountant as well who has to deal with auditors every half year, and i can also tell you anything involving FV is just bs from management.

    Cash how can it be bs? Cash i know it doesnt mean theres actually that much money in the bank, usually we something like 150m in cash on the balance sheet with only 32m or some thing in the actual bank account after all these adjustments.

    10% increase in laspe rate (almost double the estimate) will wipe out 30m of the npv if you like to stick with formulas and numbers. Thats the reality
 
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