Bell Potter valuation, page-37

As of 30^th September, 2018 this contingent consideration between Mesoblast and Osiris was adjusted to $42,475,000

This shows up as a financial liability on the link below.

http://phx.corporate-ir.net/externa...m421RWVO2jKYq5QBg==&cb=636779120526887321

page 24 of the link talks about the valuation of this contingent amount.

I’m assuming at various milestones part of this needs to be paid to Osiris.

Some discussion around this would be great.

Thanks in advance.

p.s
Contingent consideration is an obligation of the acquiring entity (Mesoblast) to transfer additional assets or equity interests to the former owners (Osiris) of an acquiree. The amount of this consideration can be significant, depending on the subsequent performance of the acquire.