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.
In my first article on Tintra’s (TNT) accounts for the year ended 31 January 2023, I raised a question around why the auditor didn’t qualify its audit opinion given management disagreed with the auditor’s opinion that there was a material uncertainty over going concern. In the second article I highlighted concerns with the adequacy of the auditors work on the debt instrument. In this third note I take a look at the two discontinued operations which were sold where more questions arise for the tin pot auditor BSS & Co..
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