By Nigel Somerville | Sunday 18 April 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Woodford Investment Management (WIM) has finally released its accounts to March 2020 – they were published by Companies House some two and a half weeks late. Tut-tut. But that is the least of the worries here. In part one I discussed Neil Woodford and Craig Newman with their tasty £1.5 million payout as they emptied the coffers on the eve of flagship Woodford Equity Income fund being gated. In part two I look at the rest of the accounts, and wonder where the auditor went.
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