FY23 guidance was made prior to the auditor forcing them to account for revenue they would have otherwise recognised in FY22 to FY23.
As such, they already had a significant head start for FY23.
To now withdraw FY23 guidance, not only does it mean they have blown that significant head start, but they have also done significantly worse than that.
This company never had the sales it was purporting to show, the question is how far back those irregularities began and if a class action can come from it. Hopefully the irregularities date back to the prospectus and then not only are the directors in trouble but also the company that floated the stock.
- Forums
- ASX - By Stock
- AMS
- Ann: Trading Update
Ann: Trading Update, page-14
-
- There are more pages in this discussion • 77 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMS (ASX) to my watchlist
|
|||||
Last
3.5¢ |
Change
0.005(16.7%) |
Mkt cap ! $42.47M |
Open | High | Low | Value | Volume |
3.0¢ | 3.5¢ | 3.0¢ | $44.59K | 1.392M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 105971 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 153598 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 105971 | 0.033 |
1 | 200000 | 0.032 |
2 | 346726 | 0.031 |
5 | 281683 | 0.030 |
5 | 505050 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 153598 | 3 |
0.036 | 45000 | 1 |
0.037 | 69018 | 3 |
0.038 | 43181 | 1 |
0.039 | 100000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
AMS (ASX) Chart |