SP1 0.00% $1.07 southern cross payments ltd

I'd love to know how that amount was calculated for VGW, as I...

  1. 1,369 Posts.
    lightbulb Created with Sketch. 55
    I'd love to know how that amount was calculated for VGW, as I might be reading the financials for VGW incorrectly:
    https://www.vgw.co/wp-content/uploads/2020/04/VGW-Holdings-Limited-Interim-Financial-Report-for-the-Half-Year-to-31-December-2019.pdf

    With the net profit expected to be $16,923,999.84/year for ISX, and the rough revenue figure of $400mil/year for VGW.

    the $580k, not sure if that covers all transaction cut or if the $416k does? If it's the $416k it seems to suggest that the anticipated inflow is 10-20% higher than the prior years. Good solid growth, I just wonder if that's been conservatively calculated with anything to back it up.

    Seems like it would have been a good contract, I just wonder why it's the first we've heard of it as that would have been a huge profit for ISX.
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.