Hello, so returning to business, as I posted, the impression is $787,309 was paid (in either cash or shares) in the last half for deferred acquisition, i.e., possibly "earn outs". If we view the announcements of 3 July 2033 and 7 Sept 2023:
* 976,627 shares at 30 cent each to Safety Dave for an “earnout arrangement".
* 2,051,070 shares at 0.123300 for issue of earnout shares in respect to the acquisition of ACT Total Tyres as announced on 5 April 2022
The above dilution amounts to a possible $545,885 of the $787,309 deferred acquisition paid.
Therefore, the $3,969,324 remaining at 31/12/23 may indicate more of this.
This said "earnouts" are performance based thus I have no idea of how the existing liability amount may adjust in the future.
