Microsaic Systems PLC (AIM:MSYS) shares dropped 13% in early trade on Monday as the developer of micro-electronic instruments and analytical solutions revealed that the audit of its full-year 2022 (FY22) results is taking longer than initially anticipated.
On 18 April 2023, the company announced that it expected to release its FY22 results during the first half of May 2023, but said they are now expected to be published on or before 30 June 2023 in a brief statement today.
Around 9.05am, Microsaic Systems shares were trading at 0.03p, down 13.33% on Friday's closing price.