PHX 0.00% 5.0¢ pharmx technologies limited

COO results analysis, page-10

  1. 90 Posts.
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    More info about the reasons for the writedown:

    "The impairment charges are a result of changing industry conditions and competitive pressures within the pharmaceutical and aged care industries, which lead to a decrement in the cash flow projections. Our value in use assumptions take into consideration the factors noted above."

    Sounds like Telstra are hurting too.
    Last edited by spider_webb: 04/09/17
 
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