NGI 3.15% $1.69 navigator global investments limited

Full write off of Lighthouse I also thought was strange, but...

  1. 1,561 Posts.
    lightbulb Created with Sketch. 2
    Full write off of Lighthouse I also thought was strange, but thinking about it further now...

    I think from other threads (but dont know for certain) that dividends cannot be paid if you produce a loss for the year. Thus, by fully writing off, they are not constrained from paying dividends in future, at least not from further impairments or a sale of the Lighthouse business.
 
watchlist Created with Sketch. Add NGI (ASX) to my watchlist
(20min delay)
Last
$1.69
Change
-0.055(3.15%)
Mkt cap ! $825.8M
Open High Low Value Volume
$1.72 $1.73 $1.68 $113.2K 66.32K

Buyers (Bids)

No. Vol. Price($)
1 1308 $1.68
 

Sellers (Offers)

Price($) Vol. No.
$1.71 504 1
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
NGI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.