Ironic that AKP have submitted their Corporate Governance Statement, but still no word on the EOY Financial Accounts for 2023; particularly when looking at Principles 5 & 6.
One of the conditions that would be required to have their trading suspension lifted is to submit an audited set of financial accounts where the auditors do not give a qualification or disclaimer in respect of the company operating as a going concern.; i.e. that it is financially able to continue normal business activities over the coming year and is able to pay all it's debts when they fall due.
They may have a few more weeks to get their final EOY report submitted, but considering the conditions they will need to meet, especially the need to immediately come up with around $4 million cash, on the face of it would seem as though no one's getting out of here any time soon.
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Ironic that AKP have submitted their Corporate Governance...
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