This is typical of the ECL board.
There is an earnout due for the sale of the electrical business circa $8.9m
It is due once audit has been completed.
It is mid August and there has been no update on how this is tracking?
IPD Group would normally announce their Audited results on the 25th August which is only 12 days away.
I am sure that the Audit has been completed and clarity on what amount of the $8.9m is to be paid to CMI, so why haven't we heard anything?
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