Hi Owen,
You wrote;
In FMG’s Annual Report 2023 an impairment charge of $726 million was accounted for and seemed unexpected. I’d like to know more about how this was not foreseen, is there a connection with the departure of the CFO.
Please refer to the 3rd paragraph on page 4 and the last paragraph on page 7 with answer on page 8 of the Investor and Analyst Transcript Call below.
https://cdn.fortescue.com/docs/default-source/announcements-and-reports/fy23-full-year-results---investors-and-analyst-call-transcript.pdf?sfvrsn=d4618bcf_4
and third dot point from the bottom on page 5 below.
https://cdn.fortescue.com/docs/default-source/announcements-and-reports/2597639.pdf?sfvrsn=ce197012_6
Tony
Ann: CFO Update, page-23
-
- There are more pages in this discussion • 153 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |