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42.0¢ frontier digital ventures limited

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Berger978456

3,555 Posts.

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28/10/19

09:02

Post #: 41092128
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Originally posted by Vet14: ↑

Hi all,

Thanks for your responses. I'm still not 100% sure. For all the non-equity accounted investments, they consolidate them in their financial reports so i don't see why it would be excluded from their 4C.

For example, the following commentary was at the bottom of their 4C announcement on 31/1/17. Given those entities are 100% consolidated in cash receipts etc and the opening + movement = closing cash must reconcile, i'm thinking that it has to include cash that is held by their investments too (and not just FDV).

"Due to the nature of Frontier’s investment portfolio there will be a difference between the
economic interest in group cash receipts and statutory cash receipts reported. The current
portfolio contains 10 investments which are accounted on consolidated basis and 5
investments (including Zameen) which are reported as “associates” under the equity method
in AASB 128. It is important to note that the Appendix 4C data reported by Frontier includes
cash receipts from investments that are 100% consolidated, and not cash receipts from
associates."

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FDV Price at posting: 79.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 42.0¢		Change -0.035(7.69%)		Mkt cap ! $182.1M

Open	High	Low	Value	Volume
42.5¢	43.5¢	42.0¢	$9.554K	22.46K

Buyers (Bids)

No.	Vol.	Price($)
1	11422	42.0¢

Sellers (Offers)

Price($)	Vol.	No.
43.5¢	16398	1

View Market Depth

No.	Vol.	Price($)
1	11422	0.420
1	15000	0.410
2	2700	0.405
1	2500	0.400
1	10256	0.390

Price($)	Vol.	No.
0.435	16398	1
0.440	6369	1
0.465	18038	1
0.485	1000	1
0.490	10000	1

Last trade - 15.54pm 04/11/2024 (20 minute delay)

FDV (ASX) Chart