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Ann: Chairman's Address and MD/CEO's Presentation to AGM, page-16

  1. colablackandwhite
    47 Posts.
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    25/10/15
    21:00
    Post #: 16249706
    A reduction is amortisation against their own outlook (tougher conditions) doesn't add up. Hang on!...reduced amortisation = increase NPAT.....

    Nice accounting.

    Amortisation rates are the "black box" of debt buying. I see an appointment of new auditors. This could bring a revision in carrying values.

    Hang on for the ride.
    CLH Price at posting: $2.09 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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