Charlie's on first warning for late filing

High-profile juice company Charlie's is among four companies given the hurry up from the Stock Exchange (NZX) for late filing.

Under listing rules, Charlie's was expected to release its result for the year to June 30 by August 29.

If it doesn't file by next Monday, the NZX will suspend trading in Charlie's shares from September 6.

Other companies to miss the deadline are Finmedia Ltd and HY-FI securities, which are due to file half year results, and South Port Ltd, which has missed its full year filing date.

Charlie's has been making headlines for all the wrong reasons lately, with the conviction last week of director and company figurehead Marc Ellis for drug possession.

The former All Black and Kiwi rugby league star has stepped down from his post, but remains a cornerstone shareholder.

Charlie's listed in July after a reverse takeover of shell company Spectrum Resources.

Shares in the company slipped 4c, or 3 per cent, to 13.5c this morning.

Prospectus forecasts expect Charlie's to post a $1 million profit on $16.2 million revenue by full year 2007.

- NZPA