The five properties might be houses in Leigh Creek. The accounts show Property, plant and equipment of $3.85m, including the "Siemens power generators, which were recorded within the property, plant and equipment balance with a carrying value of $3.4m at 31 December 2023". This means that the remaining property has a value of $450k ($3.85m - $3.4m as we sold the generators). Assume a few vehicles and equipment worth about $250k and the houses probably have a total value of about $200k.
The generators had a carrying value of $3.4m and were sold for $2.0m. Their value was severely overstated in the accounts. I wouldn't be surprised if the other properties are overstated and probably only worth about $50k.
- Forums
- ASX - By Stock
- NRZ
- Ann: Half Year Accounts
Ann: Half Year Accounts, page-10
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NRZ (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
-0.003(23.1%) |
Mkt cap ! $19.02M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 0.9¢ | $115.4K | 10.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1640000 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 2099891 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1640000 | 0.009 |
3 | 561111 | 0.008 |
3 | 3253968 | 0.007 |
1 | 1000000 | 0.006 |
4 | 907010 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 2099891 | 5 |
0.012 | 200000 | 1 |
0.013 | 176923 | 2 |
0.014 | 12000 | 1 |
0.016 | 486377 | 1 |
Last trade - 15.53pm 08/07/2024 (20 minute delay) ? |
Featured News
NRZ (ASX) Chart |