NRZ 14.3% 0.3¢ neurizer ltd

Thank you for your reply. You are obviously familiar with the...

  1. J L
    1,755 Posts.
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    Thank you for your reply. You are obviously familiar with the "accounting standards and Corporations Act". I am not. Suffice to say that NRZ's accounting practices are not in question. After all, they have been audited and found to be in "compliance" with the Corporations Act.

    I have taken a simple layman's approach to the current financial situation.

    I have taken no more into consideration than that I have found in the ASX Announcements.

    I have to rely solely on ASIC RG 217, and in particular to RG 217.17, RG 217.18, RG 217.19, RG 217.20 for my conclusions.

    In a nutshell, I believe that NRZ is currently negotiating a pathway through the requirements of these regulations. They have sought advice from reputable consultants, and I wish them well.

    That's it from me, I am too old and tired to worry much more about the future of my old Marathon. Well done, guys. "You've done for me", so I think it might be time for me to sit back awhile and watch it all unfold.

 
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