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SIV Capital Limited ( (AU:SIV) ) has provided an announcement.
SIV Capital Limited announced a favorable judgement in the Queensland Supreme Court regarding its recovery actions against a former client for rental assets and unpaid income. However, due to the client’s liquidation status, the company cannot currently recognize any potential recovery for accounting or cash flow purposes, which may impact its financial reporting and stakeholder expectations.
More about SIV Capital Limited
SIV Capital Limited operates in the financial services industry, focusing on the management and recovery of rental assets and unpaid rental income. The company is listed on the Australian Securities Exchange (ASX) under the ticker SIV.
Technical Sentiment Signal: Buy
Current Market Cap: A$7.1M
For an in-depth examination of SIV stock, go to TipRanks’ Stock Analysis page.