Thats a 27% haircut on Ocean Outback. If this is assumed to be the prevailing "market price", there will be massive impairments taken at the next result. On my back of the envelop calcs, if this discount is applied across WLD's entire fleet, it would result in Net Tangible Assets falling ~$90m.
Ann: Wellard to sell M/V Ocean Outback for A$34.9M, page-8
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