PIL 0.00% 0.8¢ peppermint innovation limited

Ann: Agreement with Global Payments Expert, page-6

  1. 2,290 Posts.
    lightbulb Created with Sketch. 12
    I agree - it looks fantastic. Only bought in today but seems to be lots of potential for growth and I especially like the performance shares that are based on a 75c SP. I don't suppose they would have included them unless they thought it was an achievable milestone for the company. That is a 25 bagger from where we are now.

    Milestone 3: 74.44 million Performance shares will vest upon Chrysalis achieving a share price of
    AUD 0.75 cents or more (based on volume weighted average market price over 20 consecutive
    trading days during which the shares have actually traded) post completion within 5 years of the​
    date of this Term Sheet.
 
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