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NavraInvest Annual Report

Discussion in 'Managed Funds & Index Funds' started by SydneyCider, 22nd Oct, 2007.

  1. SydneyCider

    SydneyCider Member

    Joined:
    15th Aug, 2005
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    Noticed this statement in the annual report that was sent out today.

    Likely Developments
    The directors have excluded from this report any further information on the likely
    developments in the operations of the Company and the expected results of those operations in future financial years, as the directors believe that it would be likely to result in unreasonable prejudice to the Company.


    Not sure if this is just a standard blurb, or could there be more to it ?

    The other thing I picked up in the report is that Steve's son is now an employee, so I guess that's a positive move at least from a business continuity planning.
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    That's pretty much standard blurb.
     
  3. Alan

    Alan Well-Known Member

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    Yep.......from memory last year's Report said exactly the same thing.....