OUM 0.00% 0.1¢ outback metals limited

Hi all Just a brief comment. I sat on the board of a 13mil in...

  1. 43 Posts.
    Hi all

    Just a brief comment. I sat on the board of a 13mil in the bank / 40 mil asset backed company for three years. Our annuals were delayed by 3 months on year. I see a lot of posters getting agitated by the lack of Annual Accounts for OUM and thinking the worse. If it helps, there are so many reasons as to why a company may not have its annuals ready on time, many of which are the result of the world of every changing accounting practices and the anal-ness of auditors. In our case it was a change of accounting practices mixed in with a trainee auditor having to have everything signed off by a senior auditor at another firm in another part of the country just to ensure no conflicts of interest blaa de blaaa blaaa and so forth Incredible really!

    What I'm trying to suggest is that delays can happen for way-to-many legit reasons these days so chin up, fingers crossed



    Neomagnus

    "Do your own homework, or find an expert!"
 
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