’creative’ accounting could minimise reported profits reducing...

’creative’ accounting could minimise reported profits reducing royalties payable to SNT

how could deals be done without having/showing credibility in their business outlook. Arna are going through a major ‘growth’ phase which likely means very limited profits, maybe even losses

what security does SNT have? And will SNT have authority to independently audit their books to ensure appropriate accounting practices have been followed

Imo extremely rushed deal…no wonder Plat appears to be heading for the hills…this uncertainty will unfortunately continue to stain sentiment until addressed