RE: EXTREME CAUTION17 Apr 2023 18:30
All this is, is a finance calculation error and using money due in 2023 and 2024 for 2022 results
'Revenues have been incorrectly recognised. That means that the 2022 figure will be 45%-50% lower than the £17.2m previously flagged. Some of the expected revenues have been delayed while others will not be recognised. The order book is more than £10m and this will be recognised in 2023 and 2024'
Read the words 'delayed' meaning they are coming, but not yet
The press love to release juicy information and I don't believe everything I read, but there is no mention in the rns or OFFICIAL press news about GB or microsaic (if there is any press news with today's date about GB or microsaic causing an accounting error, please post here; otherwise its only shareholders news only and not an official news with today's date ;-)