Yeah, but it was implied, presumably.And accurately so, if your look at the figures?
Then why was it bought up by a reputable company, questioning their reporting as not stockmarket standard.
My understanding is that instead of using PCP they reported their results against the previous half which made the figures look better.
Since u understand financial statement better then me, is their profit report against PCP or not.
Their reputation has been tarnished and u can’t make the assumption that 'implied' is not being deceptive.
Radicool Views
Profit UP 20% on a Already Good Equivalent Prior Period, page-9
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