Thank you for your reply. You are obviously familiar with the "accounting standards and Corporations Act". I am not. Suffice to say that NRZ's accounting practices are not in question. After all, they have been audited and found to be in "compliance" with the Corporations Act.
I have taken a simple layman's approach to the current financial situation.
I have taken no more into consideration than that I have found in the ASX Announcements.
I have to rely solely on ASIC RG 217, and in particular to RG 217.17, RG 217.18, RG 217.19, RG 217.20 for my conclusions.
In a nutshell, I believe that NRZ is currently negotiating a pathway through the requirements of these regulations. They have sought advice from reputable consultants, and I wish them well.
That's it from me, I am too old and tired to worry much more about the future of my old Marathon. Well done, guys. "You've done for me", so I think it might be time for me to sit back awhile and watch it all unfold.
- Forums
- ASX - By Stock
- General Discussion
Thank you for your reply. You are obviously familiar with the...
-
- There are more pages in this discussion • 247 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NRZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $6.513M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $34.29K | 11.17M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
68 | 57072983 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 7151122 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
68 | 57072983 | 0.003 |
69 | 141117303 | 0.002 |
30 | 191650001 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 7151122 | 14 |
0.005 | 6988429 | 6 |
0.006 | 1408009 | 3 |
0.007 | 1783856 | 3 |
0.008 | 137500 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
NRZ (ASX) Chart |