Agoracom: Small Cap Investment - Electrovaya - Re: IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.

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Re: IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.

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Re: IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.

Borelly

posted on Jan 04, 2024 04:05PM

Yes and most restatements are not "material" to a companys ability to operate. The only people that get exicted about that kind of "headline news" are day trading fools, whom get frustrated when the stock reverses higher and the chase to get the short in!

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