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Ann: Contract Update - HESTA, page-12

  1. g12m0
    4,120 Posts.
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    30/06/23
    15:07
    Post #: 68557036
    A lot of LNK contracts have CPI increase clause.

    FY 24 increase would go up via CPI increase alone. So will FY 25 less HESTA revenue.
    There is a new 10 year contract with HSBC HK that will help plug the hole. I still think LNK revenue in FY 25 will be higher than FY23 despite losing HESTA.
    LNK Price at posting: $1.66 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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