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Ann: Half Yearly Report and Accounts, page-24

  1. MarsC
    4,360 Posts.
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    23/02/21
    14:21
    Post #: 51249478
    See note 14 in the latest HY report:

    "On 4 February 2021 the Commerce Commission granted clearance for the sale of the OSB business to NEP New Zealand Limited (refer note 9) for a sale price of $14 million. The sale is now unconditional. The resulting accounting judgements for the sale are yet to be finalised, and therefore any gain or loss attributable to the sale will be determined following completion, which is expected to occur prior to 30 June 2021."

    Impacts on capex can be expected to be on top of this.
    SKT Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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