RE:RE:RE:Response from Rob Kelly - NLN IR deptHey all,
There might be something going on, but this would be independent of the reporting of q1 2018 happenings. Any publicly traded company is required to report significant events (both financial and non-financial), “that occurs between the reporting period, and the date that the financial statements are authorized for issue.”
https://www.iasplus.com/en/standards/ias/ias10 So regardless of other goings-on, the recent asset sale is significant, and therefore would need to be reported in the statements.
having said that, I would welcome a sale of the company under favourable terms!
glta,
mas75
Event after the reporting period: An event, which could be favourable or unfavourable, that occurs between the end of the reporting period and the date th