How do we ascertain from ASIC if they are trading whilst insolvent or are the financial statements the only factor that ASIC /ASX depend upon to assess this? In other words do we have to wait until the auditors officially say it is not a going concern before ASIC / ASX take any interest?
It is blindingly obvious that CDU are in the middle of a "shifting the deckchairs on the titanic " exercise as they are unable to convince the auditors that the entity is solvent otherwise we would and should be trading.
Is there anything we can do to hasten clarification with wtf is going on in the company???
"Finalization" of the financial statements somehow accurately describes where this company is going
CDU Price at posting:
23.5¢ Sentiment: Sell Disclosure: Held
