Ann: GSW - Continuation of Suspension Pending Announcement, page-140

I don't read the CBA partnership announcement the same way as you.

Unless the words "aggregate transaction value of over $9b" are new words for revenue for GSW.

I'm not sure why they quoted a minimum of over $9b, as that equates to bit over $3 per transaction for the "estimates the deal will result in 257,400,000 deliveries on its platform over the next 5 years".

I would be interested to know how GSW came to those 2 figures.




@PreliminaryP

Given your big4 experience, do you think it's possible that PwC will be suggesting to GSW that they retract all projections they have provided in announcements on "contracts" to date?