"The signing of these two renewals triggers a payment of £1.5M (~A$2.6M), which is 50% of the earnout figure agreed during the Silverlink acquisition, to be funded from cash on hand ($18.9M as at 31 December 2021)."
Money in the door, and quickly out. Are they any further earnout arrangements for the Silverlink acquisition, contingent on performance of the business? I must go back and read the fine-print closely.
ALC Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
