Bapcor update rips $536m from market value amidst impairments and inventory devaluations

A mix of impairments, asset write-offs, contract disputes and inventory devaluations have torn apart auto equipment retailer Bapcor (ASX: BAP) today with its shares plunging 30.33 per cent, signifying a loss in market value of more than $500 million.

The revelation that three directors left the…


Click here to view the original article.