Article: Write-downs hit Austock.

Byline: Ben Wilmot

Aug 20, 2008 (The Australian Financial Review - ABIX via COMTEX) -- Analysts anticipate that Austock Group will report a 15% profit decrease in 2007-08, after recognising $A8 million in write-offs. Austock reported on 20 August 2008 that its trading position remains strong despite the extensive losses. Austock's $A1.6 million stake in the Australia Pacific Exchange was written off following poor performances, while it halted plans to ...

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