RE: Delayed accounts14 May 2024 16:26
H50 What does this have to do with the BOD? There's a problem all over the London markets at the moment with especially the smaller listed companies which have had problems with the auditors getting work completed in time. That's hardly the BOD's fault, unless you would prefer they pay three or four times the amount for the same work to be completed by PWC or Deloitte or KPMG, and all for what: to ensure that the shares, trading at all time lows, are still trading 500 quid's worth of shares per day? Personally, I want to see the BOD maximizing cash by getting the best price for regulatory admin, such as auditing (which is really of little benefit to shareholders in such a small company, as there's very little for them to report on which would be material to us as shareholders.) And I honestly believe that in a better run market than London, and company would have its shares suspended automatically after announcing a possible disposal of assets which could equal or exceed the current market cap in value. It makes for an orderly market if this can remain suspended until the asset sale or not is announced.