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An announcement from Mayfield Childcare Ltd. ( (AU:MFD) ) is now available.
Mayfield Childcare Limited has addressed a query from the ASX regarding its half-year financial report, confirming compliance with accounting standards and a true representation of its financial performance. Despite a qualified opinion from its auditor concerning related party disclosures, the company maintains that it has a robust risk management and internal control system. Mayfield plans to enhance its internal review procedures to ensure future unmodified audit opinions and believes its financial condition supports continued ASX listing, with sufficient assets and extended finance facilities.
The most recent analyst rating on (AU:MFD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Mayfield Childcare Ltd. stock, see the AU:MFD Stock Forecast page.
More about Mayfield Childcare Ltd.
Mayfield Childcare Limited operates in the childcare industry, providing early childhood education and care services. The company focuses on delivering quality childcare services across its centers, primarily in Australia.
Average Trading Volume: 42,548
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$27.91M
Find detailed analytics on MFD stock on TipRanks’ Stock Analysis page.