MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: HY24 Directors' Report and Financial Statements, page-35

  1. 18,090 Posts.
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    IMHO, the removal of a Subsidiary should restore the Net Asset Investment of MNS into IM3NY.

    Its not a Revenue - according to Revenue recognition.

    IMHO, the position should be an Asset - which should be what was Invested in IM3NY originally, less any carrying value adjustments.


    Last edited by Cosmoterios: 18/03/24
 
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