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Ann: Voluntary Suspension Extension, page-42

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  1. 91 Posts.
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    Of course the announcement of an audit is not price sensitive. Until we know the result of the audit it is obvious it won't be price sensitive.

    However I believe it is very likely there will be negative findings - announcing an operational audit covering a large number of areas including procurement, finances, legal and HR together with a voluntary suspension is not normal. They would not do this unless they had good reason to investigate serious issues of concern that have come to light. The audit has already been going for over five weeks which is further indication to me that there are serious issues.

    It is possible that the audit will be clean, but on the balance of probabilities I find it unlikely.

 
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