Sorry plough that's crap. They discounted the value of their fleet during the year based on current worldwide prices of Fokker aircraft
This is a non cash impairment and has no impact on the sustainability of the business model. If the planes were worth nothing they would still be making $13 Million a year
"The full year statutory loss of $36.5 million is primarily the result of the accounting for the recognition of the asset impairment which was previously disclosed and recorded in the half year results. "
Sorry plough that's crap. They discounted the value of their...
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Last
$2.66 |
Change
0.040(1.53%) |
Mkt cap ! $428.1M | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.67 | $2.60 | $32.71K | 12.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 10704 | $2.60 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 10000 | 1 |
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| AQZ (ASX) Chart |