PFG 0.00% 20.5¢ prime financial group limited

HelloCould someone please explain why their intangible assets...

  1. 988 Posts.
    lightbulb Created with Sketch. 668
    Hello

    Could someone please explain why their intangible assets are so high comparable to their overall non-current assets.

    Intangible assets are at $40M
    Total non-current assets are $51M

    This is an unusual ratio. I checked the financial report and it does not go into detail on what is in that $40M

    I do believe we need clarity on this since without the Intangible assets they wouldn't have any equity since the equity is $40M

    Thank you
 
watchlist Created with Sketch. Add PFG (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.000(0.00%)
Mkt cap ! $50.45M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 24242 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 16928 1
View Market Depth
Last trade - 10.06am 11/09/2024 (20 minute delay) ?
PFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.