BIG 0.00% $2.22 big un limited

Market is forward looking, page-161

  1. 3,598 Posts.
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    It was a rhetorical question, we all know BIG’s accounts are much simpler than BHP’s and they should be able to produce their accounts by now.

    I can understand why a holder may want to shut down discussions now, there is nothing positive about these delays by the company. All holders want to be able to sell their shares to someone else to recoup some $.

    My personal opinion about some possible reasons for the delays in producing accounts are:
    1. The complexity in producing new accounts which are consistent with old accounts, ie not voluntarily giving evidence to ASIC.
    and/or
    2. Showing a financial situation where the company is still an ongoing concern, ie do not need to bring in the administrators.

    Let the company produce some accurate accounts to put any speculation to rest.
 
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