RE: Any comments anyone9 Jan 2023 10:16
IMO this erodes confidence in KLR. Lets face it, reporting fraud was going on from 2019 so somewhat amused that management state they acted 'swiftly'. Reflects very badly on the auditors, management oversight and corporate culture that allowed this to happen. Like the old joke about man who went to doctor with lettuce stuck up his rear who was told it was just the tip of the iceberg. Is it ? Forecasts missed, IMO fall has further to go, 10% drop at least.