It seems ASX has eliminated all the smoke and mirrors and bought them to the truth table by checking the share register and making a couple of phone calls.
Apart from owning up to the fact that the infamous company doesn't own 20m shares they also had to correct the Citicorp and HSBC holdings.
The good news is the auditors have been on the ground for a while and apparently didn't leave shortly after arrival.
If I was an auditor the first thing I would verify is that there is enough money in the bank to pay the audit fee. It seems that they are still there????
Can't wait to find out if all is really lost.
XPD Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
