Take the time to read the full report..... I stand by my original opinion, perhaps its time for a full audit of ANW. Below has been extracted from the latest six monthly report.
"The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes."
"Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the half-year financial report of the Group is not in accordance with the Corporations Act 2001 including:"
"A review of a half-year financial report consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion."
DYOR
ANW Price at posting:
1.5¢ Sentiment: None Disclosure: Held