Australia's largest stock trading and investment forum Australia's #1 stock forum

BYL

Click for more information

0.00%

8.0¢ brierty limited

Ann: Trading Halt, page-11

First 11 Last

Share
Profile

Follow
kittyboomboom

3,808 Posts.

576

28/11/16

17:55

Post #: 20942231
Share

Originally posted by kittyboomboom ↑

"Firstly, Brierty has resolved the legacy issues that were weighing on the business. As I mentioned earlier, the North West Coastal Highway Project is now complete. Losses relating to that project were fully provided for in the FY2016 accounts, as required under accounting standards. In September 2016, we also reached agreement with Main Roads WA to resolve the Great Eastern Highway contract dispute. Under the agreement the terms must remain confidential, however the Board can confirm that there was a satisfactory conclusion to the matter"

They got paid!

Expand

More importantly no mention of needing more capital sometime this financial, would have been nice to have a debt update but this going re-rate in a big way when trading resumes!!!

BYL Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

There are more pages in this discussion • 1 more message in this thread...

First 11 Last

Add BYL (ASX) to my watchlist