RE: Results and return to listing30 Dec 2024 12:08
Happy new year, mcco. let’s hope for more peace and prosperity all round, in a world where peace currently seems in rather short supply.
re adme, it’s worth remembering just how limited the auditor’s task is. they don’t have to offer any opinion about how wise or not any investments are, or comment on company strategy, or predict future trends in the business.
they simply need to say whether or not the company’s accounts provide an accurate picture of the company’s financial position, sufficiently for market participants to make their own judgements on whether or not to invest etc, without being misled by missing or false data.
it speaks volumes imo that the auditors have not been able to confirm (in this very small, not particularly complicated or diverse company) that the accounts present an accurate picture that is not misleading to potential investors, even many months after the usual deadlines.