its a unaudited report
"11. OTHER SIGNIFICANT INFORMATION
(Appendix 4E item 12)
Contingent Liability
In 2016 the Company entered an arbitration with Mylan Laboratories Ltd (India) (“Mylan”). The hearing concluded in early November 2017 and an award was expected to be rendered within three to six months from its conclusion. A successful outcome from arbitration would result in the Company being awarded an amount payable by Mylan, the quantum and timing of which cannot be reliably determined. However, in the event that all or part of the arbitration claims are unsuccessful, the arbitrator may order the Company to pay the respondent’s costs, which in most cases is less than the actual costs incurred by the party and which are currently unknown. Please refer to Note 1 for further information."
"15. OTHER FACTORS THAT AFFECTED RESULTS IN THE PERIOD OR WHICH ARE LIKELY TO AFFECT RESULTS IN THE FUTURE
(Appendix 4E items 14.6)
Refer Note 11.
16. AUDIT STATUS
(Appendix 4E items 15 and 16)
These financial statements are currently in the process of being audited. The auditors are expected to issue an unqualified audit opinion, with an emphasis of matter on going concern in relation to the matter detailed in Note 1."
you might want to refer to here in regards to going concern.
http://www.auasb.gov.au/
And at the asx regarding 4e
Now if they didn't "believe" then they would have fewer choices and what actions would they have to have taken? I'd love to see the reasoning behind their belief as I haven't seen it in a ASX announcement then the documentation provided to auditors , then co rrs especially on probability and all the relevant insurances from every party.
Just a process or a open door to a class action? .
Is the market fully informed and when did that change?
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