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Rangers Shares

On the news just now that all trading in Rangers shares has been suspended.
What is going on?

posted on 9/1/12

TCD

You obviously have no understanding of these things. The auditors can't say anything because they are in a confidentiality agreement with Rangers, all auditors are with their clients.

Believe the conspiracy theories you Celtic fans concoct, it doesn't change reality.

The rest of us will get on with what is really happening in the world...

posted on 9/1/12

We all about client confidentiality FFS! The fact remains that Rangers' accountants would NOT sign the accounts off.Rangers have gave us sound bites that the ongoing tax case is the reason for that...yet no quotes from anyone at Ibrox to confirm this.

If what you say was true and the books cannot be signed off, why wouldn't the exchange except that as reasonable excuse?

There CAN be provisions made to have those accounts signed off, with the outcome of the tax case to be decided.

And you fine well know that.Your club is being taken underground and all transparency relinquished...Mr.Rangers resigning ISN't coincidental.

Reap what you sow

posted on 10/1/12

TCD

You need help, seriously. Delusional and blinded doesn't even come close. Ah well, it keeps you warm I suspect, what would dinner round the TCD table consist of without Rangers tax case, eh?

I feel for you....

posted on 10/1/12

The rule reads: "An issuer must publish annual audited accounts within the time frame required by the jurisdiction to which it is primarily subject or its applicable accounting standards or, if no such time frame is decreed, within a timetable which the issuer must agree in advance with PLUS."

++++++++

So all Whyte had to do was agree a later timescale...but he didn't.

The tax case has no effect on last years financial results as it falls within this years; june 2011/2012.

But you keep typing the pash, PBN

posted on 10/1/12

TCD you pedantic loon.

Financial statements signed off as a going concern also imply the ability to trade for the next 12 months.

What is it you cannot understand here? Until the tax case is resolved and an outcome known, NOONE can say Rangers will continue to trade for the next 12 months, hence no signed accounts.

Rangers COULD qualify their accounts for going concern, but given they have a case ongoing with HMRC that would be dumb in the extreme!

posted on 10/1/12

Rangers COULD qualify their accounts for going concern, but given they have a case ongoing with HMRC that would be dumb in the extreme!

++++++++++

In what way would it be dumb? Why didn't Whyte as far back as the Summer, notify the exchange that with the ongoing tax case, their books could not be audited?


This man has a history of telling porkies in similar circumstances and not handing in audited accounts.You believe what you will

comment by St3vie (U11028)

posted on 10/1/12

"This man has a history of telling porkies in similar circumstances and not handing in audited accounts."

.....and?

posted on 10/1/12

Why would anyone believe him now

comment by Chadams (U4695)

posted on 10/1/12

"You never educated me at all, just smoke and mirrors."

that is the level of argument these fans are wanting to deal in, just leave it PBN.

posted on 10/1/12

Rather than the charade you lot are trying to conjure up

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