More money from Kiwisaver than they know what to do with ?
Wonder where the SP would be without their support ?
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More money from Kiwisaver than they know what to do with ?
Wonder where the SP would be without their support ?
Top end of guidance ....well done Evolve
That’s before a lot of bad stuff though but who cares about that
http://nzx-prod-s7fsd7f98s.s3-websit...416/278494.pdf
Shareholders know they can rely on the independence and integrity of the board to undertake that process with complete objectivity...opps NO !...hang on a minute, net tangible assets are negative 30 odd cents and we have to keep the banks on side somehow...oh dear how do we possibly do that ?Quote:
The potential impairment of other intangible assets remains a possibility but is still under consideration by the board.
I know, lets keep intangible assets inflated far beyond their real worth and vastly above their net realizable value then simply tell people we've objectivly reviewed their carrying value...people will believe us right ?...or will they ?
What's the opposite of evolve, devolve ? One dictionary suggests devolve is to "emphasis added"
...Quote:
(devolve into)
pass into (a different state, especially a worse one); degenerate.
"the Empire devolved into separate warring states"
Shareholders know they can rely on the independence and integrity of the board. (Beagle)
I know how much you respect this board, Norah Barlow is on it. :)
These guys been shorting EVO?
Always a bit hard to follow these announcements but the words cash settled swap suggests there’s been a bit of punting going on ....and if I assume right may have done OK ...or lost heaps
http://nzx-prod-s7fsd7f98s.s3-websit...680/278826.pdf