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0.00% 9.7¢ atlas pearls ltd

I'm reading this now and saw "Change in fair value less...

  1. zfan111222
    160 Posts.
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    29/02/24
    19:38
    Post #: 72679921
    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!
    ATP Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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