IMA 6.63% 8.9¢ image resources nl

Ann: Annual Report to shareholders, page-15

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  1. 590 Posts.
    lightbulb Created with Sketch. 41
    I hold a small parcel of IMA in my portfolio as I see potential.

    However one thing I noted when reading the accounts was the profit was basically down to recognising deferred tax assets that were previously unrecognised. The problem is they have misclassified circa $3.7m as current assets on their balance sheet. These should be classified as non-current (AASB 101.56 if you really want the reference). Leave whether the impact on various liquidity ratios is material or of any real interest up to others. However, I always worry if companies get simple items incorrect what other items they may get incorrect.

    DYOR
 
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Last
8.9¢
Change
0.006(6.63%)
Mkt cap ! $76.30M
Open High Low Value Volume
8.7¢ 8.9¢ 8.7¢ $178 2.044K

Buyers (Bids)

No. Vol. Price($)
1 31000 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 32075 1
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