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Pteris auditor flags going-concern issues amid bid to oust directors

Net loss of $29.7m exceeds net current assets of $6.63m

Published Wed, Apr 2, 2014 · 10:00 PM
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THE auditor for airport logistics services company Pteris Global has flagged "significant doubt" over the firm's ability to continue as a going concern.

This comes as a major shareholder and director tries to oust the chairman and other directors from the board, and calls for a review of the terms of a proposed reverse takeover (RTO).

Pteris Global's net losses of $29.7 million exceed its net current assets a…

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