ASF
"how did this contract ($140m) not change guidance?"
Simple, their guidance was for FY2013, and the announcement said 60% of the project revenue flowed into FY2014 and the remainder after that. The Announcement didn't say exactly when they start work under the contract, but presumably if it is before the end of FY13, then the extra revenue is either already factored into their new forecast, or if it wasn't, the extra revenue earned this year does not make material difference to their guidance?
- Forums
- ASX - By Stock
- CGH
- Ann: Ray Horsburgh - Appendix 3Y
Ann: Ray Horsburgh - Appendix 3Y , page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online