G'Day Folks
Commander have just put out an announcement saying that they could not find a buyer for the Affinity business, so they are closing it down and retrenching a number of staff.
The announcement provides all the information in relation to the nimber of retrenchments, etc.
I wonder if this will require a further write down in goodwill. I imagine they must be carrying some goodwill for Affinty.
The announcment makes no mention of the reduction in Gross Sales, Gross Profit, etc - as a result of closing down the Affinity business.
From memory, the Affinity business had a turn-over of around $40m.
Regards
Tails
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $7.028M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.4¢ | $7.223K | 212.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 226221 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 155197 | 1 |
View Market Depth
| Last trade - 10.00am 25/06/2025 (20 minute delay) ? |
| CDR (ASX) Chart |