Transparency the only way forward for troubled Datalex

Investors deserve clear explanations after months in the dark following the airline software firm’s admissions of ‘serious accounting irregularities’

21st July, 2019
Sean Corkery, Datalex’s temporary chief executive Picture: Maura Hickey

Six months have passed since the airline software company Datalex unveiled a black hole in its accounts. Its many investors, including plenty of retail shareholders in Ireland, are still no clearer about the company’s future.

More than €250 million was wiped off Datalex’s value this year. Its remaining value will only be unlocked when the suspension of trading in its shares ends – something that will not happen until it is able to...

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