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2.94% 17.5¢ seven west media limited

Ann: Early Resolution of CPS and Pro-rata Offer Presentation, page-31

  1. Gralynchett
    369 Posts.
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    08/05/15
    16:38
    Post #: 15244350

    Hi Rahul

    I think you'll find that the write off was due to pressure from the auditors, not a management decision. In fact, management released a statement saying they disagreed with the write off and it didn't reflect their valuation of the companies assets.

    Regards
    Gralynchett
    SWM Price at posting: $1.23 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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