Just to confirm the comments by both Q and TC, I am testing my memory here a bit but in essence this comment is all about accounting standards and the principles of consolidation under the applicable accounting standards. Notably the control/influence exerted from a party.
No doubt TEG directors (and Darren Brombley is an accountant) clarified this issue with their accountants and auditors.
Q and TC are right in that it changes absolutely nothing in regard to the economic interest/ownership TEG has in these assets it is purely complying with accounting standards to report it in this manner.
I hope that explanation helps.
Cheers, Mav
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
1.9¢ | 2.0¢ | 1.9¢ | $17.82K | 936.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 74000 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 2771671 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 74000 | 0.019 |
12 | 3877999 | 0.018 |
13 | 2758465 | 0.017 |
10 | 2270879 | 0.016 |
13 | 2613495 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 2771671 | 4 |
0.021 | 1640000 | 8 |
0.022 | 3810490 | 9 |
0.023 | 2804496 | 6 |
0.024 | 1622899 | 6 |
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