ATP 0.00% 13.5¢ atlas pearls ltd

Ann: Appendix 4D and Half-Year Report, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 161 Posts.
    lightbulb Created with Sketch. 23
    I'm reading this now and saw "Change in fair value less husbandry costs of oysters" listed under the income statement- a noticeable amount of $9.4 Million . Why is this counted as profit or loss when it seems more like an asset value change? Isn't it just the oysters' value going up or down before they're even sold?Thanks for any explanations!
 
watchlist Created with Sketch. Add ATP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.