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Only 3 weeks away .
Seems much ado about nothing with the accounting treatment switch,"expects a small, although not material, positive revaluation of assets when the PDP is measured using Amortised Cost at the transition date of 1 July 2018 (against the previously reported carrying value of $224.6m)."
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They did disappoint last earning report though...
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 Originally Posted by Joshuatree
Only 3 weeks away .
Seems much ado about nothing with the accounting treatment switch,"expects a small, although not material, positive revaluation of assets when the PDP is measured using Amortised Cost at the transition date of 1 July 2018 (against the previously reported carrying value of $224.6m)."
https://www.afr.com/companies/financ...0190826-p52kud
Seems a big dodo all of a sudden!
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Originally Posted by trader_jackson
Seems as though we live in interesting times.?
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Originally Posted by LAC
They did disappoint last earning report though...
Foole me once shame on them fool me thrice DOH!!!!!
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What an absolute mess!!! This is going to be a disaster! Nobody but Management to hold accountable for this,
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Indeed - getting their arses kicked while their heads are in the sand...along with us hapless shareholders. Some lessons learned here!
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https://stocknessmonster.com/announc....asx-6A958589/
Looks like I will come out of this mess at a profit.
Worse things happen at sea.
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