So $750,000 due soon, then in 12 months another $750,000 plus up to $1,200,000 in performance bonus cash plus up to another $400,000 cash if they exceed the EBITDA goal.
Plus shares issued.
So $1.5 million minimum cash cost plus potentially up to another $1.6 million in performance cash = up to $3.1 million over the next 12 months.
Hopefully Bryan can accomplish similar cost cutting measures within the new acquisition as he has with current Excite stable.
Those performance bonuses are expensive but well worth it in the longer term if the EBITDA of CDFS can be doubled or better.
So $750,000 due soon, then in 12 months another $750,000 plus up...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.65M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $33.75K | 3.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4083273 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2449607 | 2 |
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| Last trade - 15.10pm 16/06/2025 (20 minute delay) ? |
| EXT (ASX) Chart |