I encourage all shareholders to do the same as well, More importantly a correction the trade off with the purchases and the share value ( then and now,) is a theoretical consideration not an accounting consideration. So even though it would significantly improve the situation IE reduce the theoretical acquisition cost by $6.3M it would not actually improve the results by such , and I don't believe it could have been used to offset the (unrequired) goodwill deduction. It just would be a gain, that would be difficult to account for.
IE we bough a building for $10M ( $9m cash plus $1M shares) but later on we bought those shares back for only a $100K so the building theoretically costs us on $9.1 , but it will still be in the accounts for $10 and is almost impossible to resolve accounting wise as its Share count went up , Share count goes back down to the same count ; but you theoretically got a $10M assets for $9.1M cash.
sorry about the error folks.
DannyboyLIAC
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Last
87.0¢ |
Change
0.020(2.35%) |
Mkt cap ! $150.5M |
Open | High | Low | Value | Volume |
85.0¢ | 87.0¢ | 85.0¢ | $64.74K | 75.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 31801 | 86.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
87.0¢ | 9837 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31801 | 0.860 |
1 | 4264 | 0.850 |
1 | 10000 | 0.810 |
2 | 3474 | 0.800 |
2 | 1948 | 0.740 |
Price($) | Vol. | No. |
---|---|---|
0.870 | 9837 | 1 |
0.880 | 3410 | 1 |
0.900 | 25332 | 2 |
0.910 | 20680 | 2 |
0.955 | 6045 | 2 |
Last trade - 15.55pm 15/11/2024 (20 minute delay) ? |
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