TER 2.44% 20.0¢ terracom limited

Ann: FY24 Appendix 4E and Audited Financial Report, page-15

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  1. 847 Posts.
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    It's a prepayment by a customer. TER gets US$20m upfront and they get US$20m less throughout the year. That is, they still need to pay it back. It's not like they can borrow US$20m and just pay it out as dividends.
 
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