CDP carindale property trust
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$5m write-off of Receivables ... that's a big number in the...

  1. madamswer
    17,804 Posts.
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    25/08/20
    12:39
    Post #: 46797203
    $5m write-off of Receivables ... that's a big number in the context of a Revenue base of less than $55m:

    I'd love to have been a fly on the boardroom wall when it came to the discussion around those "assumptions" that were used in arriving at that $5m provision.   Pretty funny.
    CDP Credit Loss Provision.JPG
    CDP Price at posting: $2.86 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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