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That's really really helpful, much appreciated Castleburn! I am...

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FatisGravitas

104 Posts.

27/02/16

16:25

Post #: 17133551
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Originally posted by castleburn ↑

Yes, they derive their revenue from state funding contracts (one in each state) and from 'fee for service' revenue from clients, and I think the mix is about 50/50 as between state funding and 'fee for service'. They do not have a VET Fee Help contract, and do not use brokers, so there is no risk on that front. The state funding contracts typically run for 1-3 years and provide for the payment of $$ for various courses. For example, for delivering an Apprenticeship in Engineering or Printing they will receive more than for a Traineeship in Transport & Logisitics, Competitive Systems or Frontline Management. Each state contract has different payment rates and conditions of payment. Hope this helps.

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That's really really helpful, much appreciated Castleburn! I am also somewhat heartened to see that the Spectra vendors still have skin in the game.

AKG Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.015(12.0%)		Mkt cap ! $14.58M

Open	High	Low	Value	Volume
11.0¢	11.0¢	11.0¢	$594	5.4K

Buyers (Bids)

No.	Vol.	Price($)
1	3000	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	12450	1

View Market Depth

No.	Vol.	Price($)
1	3000	0.105
1	155320	0.100
1	1	0.092
1	100000	0.090
1	11493	0.087

Price($)	Vol.	No.
0.110	12450	1
0.125	2330	1
0.145	6895	1
0.155	12903	1
0.170	55406	2

Last trade - 11.57am 18/09/2024 (20 minute delay)

AKG (ASX) Chart