How about this for a joke...that is, if it was a joke!...

How about this for a joke...that is, if it was a joke!

http://www.copyright link/brand/rear-window/acrux-forgets-to-carry-the-dot-20180221-h0wgo2
Acrux forgets to carry the dot
ASX-listed biotech Acrux posted a loss for the half-year to December this week, but investors might have been relieved to see that on a per-share basis, it really was very, very small.

According to its financial statements, the loss per share was only 0.05¢. But hang on. As first pointed out in industry journal Biotech Daily, the actual loss for the year was $8.694 million. Divide that by the company's total shares on issue, some 166.521 million, and you don't get 0.05¢, but 5.2¢. That's a full two orders of magnitudes greater than the loss in the accounts. It looks to us like someone forgot to convert dollars to cents along the way. Which is an easy error to make we suppose, but isn't this the point of auditors?

Astonishingly, it doesn't appear the only year the company, which is audited by Pitcher Partners' Stephen Schonberg, got dollars and cents mixed up. Going back to the December accounts, and dividing the $6.3 million net profit by the number of shares on issue gets you $0.04. Or 4¢, not the 0.04¢ listed in the accounts.

Contacted on Thursday and asked what was going on, CEO and MD Michael Kotsanissaid he was aware of the issue. "We've advised the auditors and the ASX," he said. Well, here's hoping it's fixed up next time.