I never suggested that audits take 3 months to complete. The timeframe in which to complete the audit is 3 months, however, which apparently is plenty of time for the 99% of companies that get them in on time. The fact that the CDB is one of only 9 resource companies out of more than 900 that didn't get its AR in on time speaks volumes about its management. Unless the financial controller/co sec was kidnapped by aliens there is no acceptable reason for it not being lodged. Unless perhaps the auditors aren't happy about what they are seeing.
CDB Price at posting:
7.8¢ Sentiment: None Disclosure: Not Held
