$27 mil in the bank at 31/12/2022. Possibly for below payments??
Page 60 of Preliminary Final Report:
Contingent consideration consists of:
• US$13,882,431 (AUD equivalents 20,566,821) payable to the previous vendor shareholders of Infocasas upon achieving the operational targets at the completion of financial year ended 31 December 2022; and
• US$9,806,685 (AUD equivalents 14,383,465) payable to the founders of Encuentra24 upon achieving the operational targets at the completion of financial year ending 31 December 2022.
News: FDV Frontier Digital Ventures Seeks Trading Halt, page-3
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