SP1 0.00% $1.07 southern cross payments ltd

The full deal which you have basically coveredThe dealTo buy...

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    The full deal which you have basically covered

    The deal
    To buy BBS, Isignthis will shell out 150,000 euros up front (around $240,000); 75,000 in cash, and 75,000 in issued shares based on the volume weighted average price in February.Isignthis will also pay an earn-out fee based on a multiple of BBS’ 2019 earnings, less the initial payment. The total earn-out fee will be capped at 1.5 million euros.ISX has some extra money in the bank after a $10 million capital raising in the December quarter, when $936,000 in customer receipts were offset by $3.5 million in operating cash outflows.
 
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