SP1 0.00% $1.07 southern cross payments ltd

Ann: ASX Update on Suspension, page-215

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  1. 17,245 Posts.
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    They are about as material as can ever be for 2 reasons

    If a contract is to move the forward reporting revenue more than 10% of the previous reporting period it's deemed material
    The previous reported rev was $1.1m so all contracts above IMO meet this requirement

    The second, they (contracts) had a material impact on the share numbers, as they enabled the performance share targets to be met which then added 333m new share script which has a material impact on the company and its current shareholders
 
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