It is best to expense 100% of reno's as they are worthless. A...

It is best to expense 100% of reno's as they are worthless. A shop fitout has no value at all if you close and have to sell the fitout.

In saying that it is probably not correct per accounting standards - but it is certainly the correct way to look at the business numbers.

Capitalising fit outs will over state profits.

Open lower monday maybe 5.5 but doubt will change much from 6c is my guess.

Divvy means nothing really. In this case a bit if trust. But otherwise what you pay come s off the share price anyway.

If you are chasing a divvy a small retailer in China is not the place to look