AMI aurelia metals limited

Ann: FY22 Financial Results, page-3

  1. 3,265 Posts.
    lightbulb Created with Sketch. 884
    We paid $190mil for Dargues 20months ago.
    We just wrote off $135mil of that investment.
    So less than 2 years after buying the asset it is now worth less than 30% of the price we paid.
    The assumptions/due diligence behind the amount paid for Dargues needs accountability.
    I can’t see how Dan and directors involved in that investment decision can remain.
    Last edited by timbin4: 30/08/22
 
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19.5¢
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Mkt cap ! $321.5M
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Price($) Vol. No.
19.5¢ 1807809 16
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