SWM 5.88% 18.0¢ seven west media limited

Hi Rahul I think you'll find that the write off was due to...

  1. 369 Posts.

    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
 
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