THC Global’s shares took a tumble yesterday after the ASX questioned the accuracy of its financial statements. Shares fell by more than 16 per cent to 23 cents before rallying to 27 cents by the end of the day.
The company’s accounts for H2 FY20 reported a net loss of $5.578 million despite revenue increasing by more than 60% compared to the same period last year to $3.483 million.
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