TGA 7.89% 20.5¢ thorn group limited

Ann: Profit Guidance, page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. Mkr
    2,156 Posts.
    lightbulb Created with Sketch. 65
    Haha agreed...
    Maybe I am trying too hard to be optismistic, bur yesterdays Ann states

    "This is a widespread exposure in the equipment finance industry of which Thorn’s total exposure could be an amount up to $10.5m. The company is examining all options, but at this point considers a full provision may be required with an after tax cost to the profit and loss account of $(7.4m)."

    I wonder what all the options are?!
 
watchlist Created with Sketch. Add TGA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.