One might think with a new CFO (as opposed to the external CFO who happened to work for a director related party entity), that they could release the results for the 1st half before the last day (assuming they do actually release tomorrow) before suspension.
Perhaps Hacketts have finally read the audit standards relating to impairment, and looked at the cash burn.
Don't get lost in the "adjusted" results - things like bad debts, onerous leases, store write-downs are normal business in franchising. The cashflow statement will give a true indicator of performance.
One might think with a new CFO (as opposed to the external CFO...
Add to My Watchlist
What is My Watchlist?