re: swt - relisting/ grant62 Hi Moodooa,
It depends entirely on how they approach the question of accounting for the intangibles. If, as goodwill, then they will have to develop an amortisation program that matches the Accounting Standards. But, if something else, then perhaps they will have some leeway in their accounting management.
Either way, there has been much media and corporate comment in recent times concerning what effect the introduction of the new changes will have on accounting profit (etc) in 2005 and beyond.
This debate raged in the States when they introduced the Standards back in 2001/2. Similarly, the debate is now raging here in Australia.
That's why its an issue and one which will impact going forward.
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