Accordingly, on completion EMH will cease to consolidate Geomet’s results within the EMH’s consolidated accounts. As at 30 June 2019, Geomet’s total assets amounted to AUD$12.17 million. In the year ended 30 June 2019 Geomet’s loss before taxation amounted to AUD$0.287 million.
I think is pretty obvious. After the deal we will have separate accounts. Doesn't say anywhere that EMH can access Geomet founds for it's own expenses.
Accordingly, on completion EMH will cease to consolidate...
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Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $31.11M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $24.19K | 154.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 89405 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 30327 | 1 |
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| Last trade - 15.48pm 18/09/2024 (20 minute delay) ? |
| EMH (ASX) Chart |