I believe what he is referring to is a disagreement between Webjet and their previous auditors in relation to the accounting treatment of the acquired contracts from Thomas Cook. What he fails to mention is that the auditors initially signed off on the accounting treatment and then in a later period changed their mind on how it should be treated. In the end Webjet accepted the auditors preferred treatment of the acquisition.
WEB Price at posting:
$11.28 Sentiment: None Disclosure: Not Held
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