SAR 0.00% $4.69 saracen mineral holdings limited

I never understood why people would worry about a writedown....

  1. 252 Posts.
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    I never understood why people would worry about a writedown. Just pure accounting adjustments that in no way impacts future profitability. Surely no one in their right mind is still valuing those mines acquired in the haydays at book value?
 
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Currently unlisted public company.

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