APM 0.00% $1.39 apm human services international limited

Ann: Anticipated Admission and Quotation, page-46

  1. 3,561 Posts.
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    Cheers, I just mentioned ASIC because they do get interested in how entities treat their balance sheet valuations- it is what they do.

    Nothing sinister in the above- it is just that with APM the result could be outsized because of the sheer size of intangibles/good will on the books. For example, but not only, a revaluation could wipe out NPAT for the period. Mr Market may not like that.

    Something like that.

    Just one last point. I do not think that vultures buzz around 'in glee'. Vultures seek carrion because that is how they eat. It is a matter of business for them and nothing personal. They would not do it 'in glee' because it is not entertainment for them but the serious business of surviving.

    IMHO DYOR
 
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