"No. What it means is that directors were not paying attention to the financials in the prior months.": The statement you provided is very misleading and can land you into a lot of trouble there..
"There are plenty out there who cannot read a set of financials and simply nod when the CFO tables the figures at monthly meetings.": being negative or down ramping is all fine.. However, using misleading information can have serious consequences...
Ann: Response to ASX Aware Query, page-32
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