ANM 0.00% 5.5¢ advanced magnesium limited

investment worth $ zero ???????????

  1. 1,691 Posts.

    From an article in today's Australian re Newmont's
    $96.6M investment in ANM

    "the company had not yet determined how far that would be written down, and the final amount would depend on what happens to AMC's share price" - it was a lowly 19c when it was suspended from trading earlier this month. It is likely the hit will be close to 100 per cent of the value.

    goto -

    http://finance.news.com.au/common/story_page/0,4057,6608867%255E462,00.html

    rs 8(>

 
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