RE:RE:3 long months since last news releaseTcad, I can provide some perspective on this. What do we know:
- The AGM will be 08-MAY-2023 per the 24-FEB-2023 filing on Sedar
- The Notice of the AGM will be 21-MAR-2023, again per the Sedar filing. That means the AGM Circular will be availble on 21-MAR-2023
- The Q4 reseults, prior to last year were around the 10th of March
- Last year was scheduled for 10-MAR-2022 but was delayed until 22-MAR-2022 at E&Y's request due to E&Y staffing issues, per QTRH's PR of 08-MAR-2022
- Typically QTRH provides 2 weeks notice on quarterly results
- In the past, QTRH always has released results on a Thursday
Where might that leave shareholders?
It now seems likely that the AGM Circular will be released prior to the Q4 results. Only speculation, but it appears one of two things, possibly both, will manifest themselves in the next couple of weeks:
- The Wilan strategic review outcome will be announced
- E&Y are attempting to secure better information on the value Wilan on QTRH's balance sheet. Point #1 answers point #2. Without an answer to point #1, it is likely that E&Y may ask for a write down of goodwill before signing off on the F2022 results.