Elexir Technology Holdings continues its run-in with the JSE after the bourse today announced the counter has again been annotated, this time for an adverse audit opinion on its annual financial statements.
A month ago, the troubled Elexir found itself on the wrong side of the JSE after it failed to submit its audited annual financial statements within the JSE`s six-month cut-off period.
Today the JSE announced the company is again in breach of regulations.
Elexir warned investors in March that its auditors were still verifying certain parts of the statement. The company`s management said at the time that auditors were examining its prospects in order to form an opinion on "the going concern status of the company".
In terms of the JSE regulations, Elexir had until yesterday to produce the annual statement or face suspension.
Related stories:
Elexir audit delays result in JSE threat
Share
