Thanks for clarifying but what I mean is usually when purchase price is above net assets, it creates goodwill. So I thought in this case the net asset is approx the debt ($600k), so creating the $3M goodwill into the balance sheet instead of just writing it all off on the income statement. Am I thinking wrong here?
Thanks for clarifying but what I mean is usually when purchase...
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Mkt cap ! $35.05M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 745 | 13.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 746 | 1 |
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