only applies to subsidiaries within groups. It enables them to avoid reporting information which will in any event be reported in the accounts of the parent. It is designed to reduce cost, not transparency. But DYOR
Is todays price drop due to a letter from the Chairman of Inland Homes, plc. for "Adoption of Financial Reporting Standard 101 (FRS101) which permits qualifying entities to adopt a reduced level of disclosure of individual financial statements" - Why - What has he got to hide.????
Always suprised how much sway IC has with small investors causing the bounce. However i have this in my sipp. The beaconsfieldsite is close to me and will be a great investment if correctly marketed andmanaged
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