The materiality of a contract would have to be pretty significant and beyond the scope of what would be considered normal business.
Not that I think they will upgrade earnings, but this is probably one of two areas where the company is exposed regarding continuous disclosure. If they did do an additional +10% or greater than the $40mln revenue they have guided then they should update the market. They could still wait until the completion of this half before upgrading but before releasing earnings.
The one other area where I believe they have continuous disclosure problems is regarding the final tranche of the Chairman private placement. The last communication on this matter was written in a relatively open-ended way, so difficult to say when they must update the market. But my expectation is post 30th June as well
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