Book value must be looked at through a prism of the components of that book value.
The key is to go through the annual report and look at all the assets, then look at both the goodwill and intangible components.
Whist it is strictly true that any potential write down does not effect immediate cashflow, what is never made clear to the market is the full underlying calculation used to support the HOLDING value of the assets.
A write down often occurs when the FUTURE figures m the calculation have declined (hence the carrying value cannot be supported). This change will effect future cash flow
Origin Chart, page-62
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Last
$9.82 |
Change
0.270(2.83%) |
Mkt cap ! $16.85B | |||
| Open | High | Low | Value | Volume |
| $9.67 | $9.90 | $9.65 | $14.96M | 1.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 205 | $9.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.83 | 21271 | 48 |
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| Last trade - 13.29pm 18/09/2024 (20 minute delay) ? |
| ORG (ASX) Chart |