ARH
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0.00% 0.5¢ australasian resources limited

Interestingly, ARH's auditor still put ARH has net asset $320m...

  1. micky78
    2,689 Posts.
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    19/04/12
    15:51
    Post #: 10006611
    Interestingly, ARH's auditor still put ARH has net asset $320m in the latest annual report. If ARH does go insolvent, holders should (I would) take legal action against auditor. ARH's Belmoral project cannot be sold to realise $320m for holders at any time (solvent or insolvent), it is only a mining right not ownership.

    PS someone bought 400 shares at 16.5c tried to close higher.

    Good luck
    ARH Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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