I'm addressing your "guess" of 3.5 year depreciation, surely it is at least 5 years. Depreciation is supposed to take into account the typical life of the item. We are very used to things being depreciated more quickly than they actually last (which is fine), but 3 or 3.5 years is too short to be believable.
Yes I understand that it is purely an accounting measure, it doesn't change cash flow, effectiveness of the machine, or even the long term profitability of the machine - it only changes whether profit is realized sooner or later.
- Forums
- ASX - By Stock
- FND
- Ann: Results Announcement - Strong 1H24 Operating Result
Ann: Results Announcement - Strong 1H24 Operating Result, page-16
Featured News
Add FND (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.54 |
Change
0.720(10.6%) |
Mkt cap ! $349.5M |
Open | High | Low | Value | Volume |
$7.40 | $7.54 | $7.10 | $1.474M | 202.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2423 | $7.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.55 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2037 | 7.300 |
2 | 7036 | 7.250 |
2 | 2740 | 7.240 |
1 | 1300 | 7.200 |
2 | 16148 | 7.160 |
Price($) | Vol. | No. |
---|---|---|
7.550 | 500 | 1 |
7.690 | 1603 | 2 |
7.700 | 133 | 1 |
7.890 | 500 | 1 |
7.900 | 1040 | 2 |
Last trade - 10.55am 15/11/2024 (20 minute delay) ? |
Featured News
FND (ASX) Chart |
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online