Yes, this significantly strengthens our position. The auditors now have a choice.
1 - Use the opinion as a basis for accepting PNC’s valuation methodology or
2 - seek their own counsel (@ their cost). If it agrees with David Russell’s they will have to give us the green light...
3 - if the opinion differs and they qualify...significant commercial and reputational damage will be done...necessitating a costly court challenge...against which PNC might have grounds for both costs and damages.
really is it worth it to go to war over an interpretation. I say let the operational cash flows be the judge.
Yes, this significantly strengthens our position. The auditors...
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Last
60.0¢ |
Change
-0.030(4.76%) |
Mkt cap ! $73.69M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 60.0¢ | $18.15K | 30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29931 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 17187 | 2 |
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| Last trade - 10.14am 18/11/2024 (20 minute delay) ? |
| PNC (ASX) Chart |
