it is not a good news by any means. The goodwill in the books is the excess value paid by company for any business acquisition etc. Now the business is not going to get that profit they have to write off or bear the loss. In the future, if they can predict that they are getting better profitability, the share price will have positive movement.
Ann: Expected Non-Cash Impairment Charge, page-4
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Last
$1.23 |
Change
0.030(2.50%) |
Mkt cap ! $995.6M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $2.778M | 2.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21312 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 5128 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.23 |
Change
0.030 ( 2.22 %) |
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| Open | High | Low | Volume | ||
| $1.20 | $1.23 | $1.19 | 306176 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| GEM (ASX) Chart |