RE: oh lord.30 Mar 2023 11:31
There was the possibility of 'going concern' implications impacting on the ability to sign off the audit. However, that is now unlikely to be a cause as the financing probably resolves it?
Today's announcement also talks about covenants for the finance facility. I am intrigued what they are and how the covenants are being measured if these plods can't pull a set of numbers together.
Let's hope for the best and prepare for the possibility of more disappointment with a backdoor takeover.