TGA 0.00% $1.17 thorn group limited

Good news or bad news?, page-3

  1. 11,125 Posts.
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    they bought it for about $32.5m in march 2011, but you would need to track through their financials since then to know of any adjustments to book value, cash and assets etc etc. So could be a $10m loss roughly? I'd suspect the market will look at that as a non cash event, and blame it on somebody who is no longer there, as is the usual corporate way.
    Last edited by CaptainBarnacles: 12/09/16
 
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