ASM australian strategic materials limited

Ann: Half Yearly Report and Accounts, page-5

  1. fup
    1,154 Posts.
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    In December 2024, management established a plan to sell non-essential Korean equipment during 2025. Equipment
    classified as held for sale during the period was measured at the lower of its carrying amount and fair value less costs
    to sell at the time of classification, resulting in recognition of a write-off of $1,729,000 (31 December 2023: Nil) as
    operating expenses in the condensed consolidated statement of profit and loss and other comprehensive income. The
    fair value of the equipment was determined using the sales comparison approach.


    when is the whole thing being scrapped? 2027 is my guess.
 
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