It depends on their agreement... looking at the statement by SAI there was no condition on format...
The concerning part is that Standards Australia are constantly attacking SAI on matters they have little ground. My thinking they are trying to hurt SAI share price by placing doubts on the contract renewal. They maybe looking at buying this portion of the business.
They will need an independent valuer to price the market value for the option agreement. There is no way they will come to terms on their own.
There was also something with libraries contract not being renewed... Again SAI have the right to ensure that contracts deliver best outcomes for the company. It is not a charity.
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It depends on their agreement... looking at the statement by SAI...
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