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$1.99 henry morgan limited

Ann: Update on NTA Review, page-7

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Avarice67

593 Posts.

2

04/06/18

14:23

Post #: 33477631
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Originally posted by molim ↑

So these guys appointed BDO over nine months ago and couldn't get it done, yet we're expected to believe that Leadenhall will get it done in 4 days?
The exchange have given these guys a deadline - 8 June, ie Friday. If they don't have their NTA in order HML will have to give a decent reason to the ASX as to why they should remain listed.
I wonder if the whole "well the deal we are making with ourselves has changed again, these guys are going to sign off on the free money express soon" excuse will cut it this time around, because the only thing HML are better at than wheeling and dealing is excuse-making.
It's a question of how much credibility these guys can build by making related party deals that create 'value' out of nothing but never get signed off on...

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Just curious as to what the back story is... KPMG never had any issue with sign-off and now Leadenhall would seem to be taking it in their stride... I guess it will all be revealed soon...

Last edited by Avarice67: 04/06/18

HML Price at posting: $1.99 Sentiment: Hold Disclosure: Held
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0 Great analysis

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