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It's interesting the rationale within the update as to the decline, with no mention of political/reputational linkages. Obviously that is less tangible than tho
by NoPicklez 1y ago
It's interesting the rationale within the update as to the decline, with no mention of political/reputational linkages. Obviously that is less tangible than those listed but it is interesting and of course unfavorable to disclose.
When the auditors come in EOFY they look at the various accounts and their opening/closing balances year on year and look to explain at a high level what has impacted the increase and decrease of those accounts in the current FY. They will certainly pick up on reputational and political reasons.
- neogodless 1y agoWell it's implied on page 3: > This dynamic, along with changing political sentiment, could have a meaningful impact on demand for our products in the near-term.