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27/05/22
17:19
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Originally posted by Rozting:
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I don't normally get involved with tech companies but this intrigued me so bought a small holding. It's more than likely due to the wording in the announcement "but the collaboration is material to MK from a revenue perspective and will be reflected in the results moving forward". ASX likely given them a slap on the wrist for stating this without further details on actual contracted revenue to substantiate the statement. I think a re-release of the announcement with the required information should be positive. It'd be pretty stupid to make that revenue claim if there was no substance.
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I also normally steer clear of tech companies. I think/hope that you have probably hit the nail on the head.