CERTYNEX IFRS ACADEMY

Which of these inputs is a Level 1 input for the measurement of a share in Verdane, which the entity holds?

An estimate of the Verdane share price prepared internally using a future cash flow model.

The closing price of a share of a comparable company in the same sector, traded in an active market.

The unadjusted closing price of the Verdane share in an active market accessible to the entity.

The latest Verdane share price, observed in a market where it trades only very rarely.