UNS 0.00% 0.5¢ unilife corporation

A $26 million impairment to me means it relates to their entire...

  1. 13,897 Posts.
    lightbulb Created with Sketch. 119
    A $26 million impairment to me means it relates to their entire PFS assets. If these assets have been impaired, it means the possible sale proceeds of the PFS assets are less than the cost of those assets To me this means they have nothing in long lived assets to sell off to raise funds. With their recent recruiting drive and current head count, they must be expecting funds from somewhere. Amgen? Orbimed? Imperium?

    What an embarrassing mess....
 
watchlist Created with Sketch. Add UNS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.