Class E Performance Rights8,000,000 Class E Performance Rights will vest upon the Companyexecuting a binding agreement with a global telecommunicationscompany (Telco) vendor which has a contract value in excess of $1,500,000 on or before 30 December 2021.
This new performance clause to be voted upon in the upcoming AGM directly relates to a partnership deal with the likes of an Oracle or Microsoft / Metaswitch . This was also confirmed by Steve Wood via email yesterday .
The distinct differences between the proposed performance rights A , B , C , D and E compared to previous years is notable . The above proposed performance rights are based upon , increased share price , annual recurring revenue , bank balance and partnerships with telco deals .
Management clearly have a much better understanding of the company’s position , direction , engagements , future outcomes and monetary return , maybe the performance rights provide a clearer picture for investors due to the existing confidentiality of existing operations .
All in my opinion .......
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Mkt cap ! $22.32M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 100000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.7¢ | 61224 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.044 |
1 | 70000 | 0.042 |
1 | 13888 | 0.041 |
2 | 475000 | 0.040 |
1 | 75000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 61224 | 1 |
0.049 | 49000 | 1 |
0.050 | 520000 | 3 |
0.056 | 60000 | 1 |
0.058 | 100000 | 1 |
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