It's a required financial accounting standard https://aasb.gov.au/admin/file/content105/c9/AASB136_08-15_COMPmar20_07-21.pdf
The recoverable value becomes an asset for the balance sheet and also provides future tax benefits via depreciation schedule on the income statement. Hint: JORC upgrade becomes even more important
Quarterly Report??, page-51
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Last
$1.40 |
Change
0.045(3.32%) |
Mkt cap ! $349.2M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.38 | $149.5K | 107.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1304 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 22022 | 2 |
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| Last trade - 10.37am 08/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |