Pretty bloody sloppy .... not a good look for any company. I think it was (probably) an honest error given the previous quarters 4C was correct with respect to options exercise and the cashflow seemed extremely healthy given the earlier flagged restructuring costs. However it is hard to imagine how you could book admin costs as cash flow from financing. Where I am from mistakes in public filings at best meant no bonus and could ranged through to dismissal. I like the company a lot but the Chairman and the board really need to get a grip on things, this is not a 4 desks in a serviced office start up ..... it needs to be run properly.
CGS Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)