HLF 0.00% 0.7¢ halo food co. limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-34

  1. 526 Posts.
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    So in more good news, the Class A, B, D and H shares all expire on 31 March 2022.
    https://hotcopper.com.au/data/attachments/4040/4040459-e8db51445c616fc83e9fe634a24ae7b8.jpg
    From what I can tell:
    - Class A shouldn't convert as they presumably have not reached $3m EBITDA.
    - Class B shouldn't convert as they have not reached $6m EBITDA.
    - Class D shouldn't convert as Omniblend presumably have not reached $2.6m EBITDA.
    - Class H shouldn't convert as there is no chance Supercubes have reached $35m revenue.


    Whilst I am not 100% sure as the 4Cs are hardly clear in identifying EBITDA ie: I cannot see it in Q1; Q2 is noted in Q3 as $216k and Q3 is $503k albeit noted as normalised, I don't believe that they are on target to reach any of the milestones above. That said, they do have Q4 left.

    Anyone smarter than I have a better undertsanding of the EBITDA for the above? If not, we'll all know of about 3 months time.

    Once these 59.56m performance shares are off the register it should only assist the SP to go onwards and upwards!
    Last edited by islandmurray: 31/01/22
 
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