Hi Owen,
You wrote;
In FMG’s Annual Report 2023 an impairment charge of $726 million was accounted for and seemed unexpected. I’d like to know more about how this was not foreseen, is there a connection with the departure of the CFO.
Please refer to the 3rd paragraph on page 4 and the last paragraph on page 7 with answer on page 8 of the Investor and Analyst Transcript Call below.
https://cdn.fortescue.com/docs/default-source/announcements-and-reports/fy23-full-year-results---investors-and-analyst-call-transcript.pdf?sfvrsn=d4618bcf_4
and third dot point from the bottom on page 5 below.
https://cdn.fortescue.com/docs/default-source/announcements-and-reports/2597639.pdf?sfvrsn=ce197012_6
Tony
Ann: CFO Update, page-23
-
- There are more pages in this discussion • 153 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.01 |
Change
-0.330(1.90%) |
Mkt cap ! $52.37B | |||
| Open | High | Low | Value | Volume |
| $17.25 | $17.30 | $16.98 | $102.9M | 6.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 108939 | $17.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.05 | 1750 | 1 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |