BRN 4.65% 22.5¢ brainchip holdings ltd

Ann: Change of Auditor, page-28

  1. 8,320 Posts.
    lightbulb Created with Sketch. 805
    correlation is not causation. You have to tell us why an auditor leaving is indicative of anything sour going on with the audited company. Here is something i found about Xinja - they were a new neo bank struggling with financing - cap raise was imminent but covid happened.

    https://www.smartcompany.com.au/finance/xinja-exits-neobank-scene/

    brainchip have approx 12 months of cash flow from their last 4c (5.2 quarters as at the end of March 2021).
    https://hotcopper.com.au/data/attachments/3408/3408799-2db9cceeff01a7c58d2dfab216c289a5.jpg

 
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