And the first shoe dropped! Up until today I was thinking SHJ’s silence was a sign that they had all matters in hand.
Afterall, they seem to have shut West up.
So my take of this ANN is that behind the scenes, there is conflict between Ravi and the board v the auditors.
Clearly the interest is an issue.
Hopefully, the argy bargy isn’t about whether the auditors have an issue with SHJ continuing as a going concern, based upon its ability to self fund upcoming events. Alternatively, the bankers have given a negative view on coming to the party. This would be the second shoe to drop.
I don’t think the market will view this favourably.
Ann: Change of FY23 Financial Results Announcement Date, page-3
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69.5¢ |
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Mkt cap ! $120.4M | |||
| Open | High | Low | Value | Volume |
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