MXG multiplex group

according to a broker report, chance MXUPA steps up due to...

  1. watford
    2,123 Posts.
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    26/08/09
    10:55
    Post #: 5556272
    according to a broker report, chance MXUPA steps up due to accounting change:

    MXUPA may have peaked for now

    Apparently, the accounting treatment of the amounts owing to Multiplex SITES was re-classified from non-current liabilities to equity, which served to decrease liabilities by $450m and increase equity by $450m.
    MXG Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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