that's a write down of 120 mil, net assets as at june is 250+ mil
assuming further write down of 100 mil, that still leave net asset at 30 mil..however the euro is currently stronger than aud, that would increase their equity.. current share price is depressing.. iam looking to exit if this ever get back to above 5 cents.
that's a write down of 120 mil, net assets as at june is 250+...
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