SVW 1.83% $41.17 seven group holdings limited

Is SVW 'insolvent?, page-20

  1. 1,464 Posts.
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    lol. You didn’t read your own linked articles!!
    Either that or you didn’t understand what they said.

    The acquisition was for a small piece of the Western Flank from Senex.
    The downgrade covered the entire Western Flank resource, not that acquisition. Read closely the second one, the downgrade was “partially offset” by the increase from the Senex acquisition. Haha.
    Keep in mind this is Beach, not SVW. It was a 5% downgrade to total resource. Disappointing, yes, but not unheard of in the industry.
    Class action is not good for Beach but looks like a Hail Mary to me. Regardless of outcome it is totally immaterial to SVW.
    Tell us more about insolvency. You’ve gone quiet on that.
 
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