I hear you.
Trade and other payables is visible in the financial reports
53,624,000 - Dec 2011
51,502,000 - June 2011
But nothing stands out about it i.e. the current status and they didn't say a thing about it in any report or at any time. If they were not paying the bills this number should have jumped or they should have disclosed this info. Either way, they will be forced to disclose it and deal with it now.
Very disappointing. I agree. I'm going to include that in the feedback and add the need for more visibility and clarity of this number going forward. There was way too much focus on the debt facility, its utilization and status and outstanding creditor payments and the current status was completely unaddressed and not communicated.
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