“Fake news” is a term thrust into stardom by Donald Trump, depicting an unjust and deliberately misleading media. But is it only media outlets who commit this informational faux pas? Transparency of a business’s financial information is essential to the valuation and pricing of their securities. So, how are market participants expected to react when pertinent details are withheld or misrepresented? This was the case when Telstra reported recently and discussion arose regarding future NBN payments. Read more for answers to a billion dollar question. (VIEW LINK)
The Clime Group is an independent, highly-esteemed, Australian Financial Services Company, which seeks to deliver excellent service and strong risk-adjusted total returns, closely aligned with the objectives of our clients.