AKP 0.00% $6.20 audio pixels holdings limited

Ironic that AKP have submitted their Corporate Governance...

  1. 659 Posts.
    lightbulb Created with Sketch. 420
    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.
 
watchlist Created with Sketch. Add AKP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.