If a correction to a company’s ASX statement needs a correction itself because the original notice was not, in fact, incorrect, what does that say about the care and diligence of that business?
On March 21, KKR published a monthly investment update for its flagship credit income fund. It valued net tangible assets at $2.45 per unit and the share price at $2.33. Then on March 25, it issued a correction – it had got these numbers the wrong way around.
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