BLV 0.00% 1.6¢ blossomvale holdings ltd

Ann: Full Year Statutory Accounts , page-9

  1. 1,308 Posts.
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    Probably reacting to the auditors qualification on page 67. "Material uncertainty regarding continuation as a going concern" ...Pattersons have slapped a sell on the stock based on this.

    Not sure why it is that much of an issue as it is just timing around a $15 mio refinance and the auditors have to err on the side of caution when it comes to this.

    Make sure you read note 1 in the accounts as it provides more detail.
 
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