Personally, I think the ‘query’ from the ATO could actually be...

Personally, I think the ‘query’ from the ATO could actually be the company’s biggest concern.

KNL have claimed about $2.4m more than 3 of their closest peers. I don’t see how the company can avoid having to pay that back... and that is money that KNL clearly does not have on hand.

Also, imo, $2.4m is not a simple accounting error, so I don’t see how a fine can be avoided.

With a CFO on a salary package of more than $700k, I think that such a slip on the ledger is absolutely outrageous and unforgivable - it could bankrupt the company.

Imo, the selling is because a CR is very close at hand, in an attempt to make amends with the ATO.

Good luck.