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  • Thread starter Thread starter burge13
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It said CA had a crash on the stock market? Where on earth is CA publicly traded? Ill read the one you sent but hoping someone has my articles text too

the article in The Age just says 'investments in shares'.
 

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What has happened to the $175 million that disappeared between 2016 and now? Roberts said three factors caused the losses.


“So back in 2016 we had just ridden the wave of the 2015 World Cup and significant financial return from the T20 champions league,” he said.


“We were anticipating in 2017 a $50 million deficit year, which happened, a $70 million payment to players and then in 2018 we moved $55 million of player retirement funds off our books, so those three factors alone are $175 million which basically answers that question.
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I'm not sure that I'm buying the explanation
 

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