BBLOFF,
I trust this helps.
Repeat of an earliier post.
Please note the $c is for October.
The “Exchange Rate adjustment” of $152K in Sept and $309K YTD.
I have enquired and in the annual accounts ARW has in excess of 5 Mill U.S. Dollars in the USA Company this is primarily the “Energea” Licence. The Appendix 4C rules states that this should be realigned with exchange rate variation each month.
NOTE. I am expecting a Major realignment in October.
Therefore the “Exchange Rate adjustment” has nothing to do with the Australian Bio production Profit & Loss its USA Asset revaluation.
Thrust this helps.
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BBLOFF,I trust this helps.Repeat of an earliier post.Please note...
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