CTD 0.54% $12.97 corporate travel management limited

VGI, page-18

  1. 5,613 Posts.
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    Why would they want to sell their IT? That is the lifeblood of their business.
    They are not an IT retailer. It's normal accounting practice to amortise IT. Its based on the principal IT expenses will benefit a business for several years and not just the year the expense was incurred.
    The article is once again total BS. Who is funding the saturation reporting in the AFR? Not hard guess.
    CTD addressed the IT query on 31/10/18.
    AFR betting everyone has forgotten.
    For example CTD set up international IT HUBS.
    Every business wheth listed or unlisted amortises those types of IT expenses. Its quite usual and normal.
    Last edited by manny100: 02/03/20
 
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