SP1 0.00% $1.07 southern cross payments ltd

Ann: ISX AGM December quarter trading update and guidance upgrade, page-14

  1. 1,886 Posts.
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    @bagavond

    Re:- The Preformance Shares

    I think the company will achieve all the preformance shares, and easily before the 30th June 18 deadline. - @CaptainBarnacles, it's 3 full financial years from listing before expiry.

    They only need 2.5 million in revenue for the first performance category to be in the money, or 5 million for the lot to vest, in that January to June 18 recording period.

    @CaptainBarnacles - I think you find that isx will be cash flow positive around the March 18 Q, but definately by the June 18 Q. They'll have to be if they want these preformance shares. We'll wait and see!

    +++++++++++++++

    @Transplant & @Mr Goat - thanks for your AGM write-up guys. It's much appreciated
    Last edited by tradealot: 28/11/17
 
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