ABY 2.46% $1.04 adore beauty group limited

Ann: Clarification regarding active customers, page-20

  1. 7,494 Posts.
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    Yes its good to go through the IPO, because its a legal document, there is plenty of information that has to be declared and can't be 'glossed' over.

    Did anyone notice:
    a) The historical proformas
    b) The proforma forecast period is only six months, such a short period. A company that has true future visibility will issue a pro-forma forecast one to two years into the future. A short proforma forecast is because their is potential legal liability in issuing pro-forma forecasts in an IPO document.
 
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