KDY 0.00% 2.7¢ kaddy limited

Ann: Trading Halt, page-128

  1. 214 Posts.
    lightbulb Created with Sketch. 83
    Maybe loook at it this way....DT just wants his performance shares (100m shares, $9m in value, no exercise price and struck simply on revenue), so he is buying a business to get the revenue to achieve quarterly revenue targets...because DW8 progress is too slow

    Now the business he is buying has been going 14-years, sounds very simillar to the DW8 model and in this time has reached just ~$10m in revenue, and who knows what margin but I suspect very thin......doesn't sound like a growth business to me....

    DW8 is just becoming a more capital heavy boutique logistics business...
 
watchlist Created with Sketch. Add KDY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.