For the EX Platform CGU an impairment indicator was identified as a result of the ongoing cash burn and the underperformance of the CGU in comparison to budget for the period ended 31 December 2022.
Basically the carrying value of the platform was overvalued. This is reviewed each year through generation of sales which were poorer than expected. All non cash though.
LVT Price at posting:
2.4¢ Sentiment: None Disclosure: Held
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