"The reports are historical data. There's still no reason given that they can't be released. Plenty of companies release their unaudited reports prior to releasing their audited reports. What's the deal?"
The 'deal' is that they're whingeing about their auditors (Nexia Sydney Audit Pty Ltd) charging double their usual fee.
From the 2021/22 FY report (p44) their charges are listed for that FY as well as the previous 20/21 FY
Note 16. Remuneration of auditors During the financial year the following fees were paid or payable for services provided by Nexia Sydney Audit Pty Ltd, the auditor of the company and its related entities: Consolidated 2022 2021 Financial Year 90,000 90,604I Half-year 40,500 47,000 Totals.................................130,500 137,604
So the fees were actually reduced year on year - a very fair result indeed. Based on this, I find it difficult to believe that Nexus want to charge over $250,000 for 2022/23 ! Well, unless they wanted to wash their hands of CGB ??
