The case of the missing 2 mill. Really only chicken feed in the grand scheme of things particularly now the uncertainty of the 8 million further down the track has been removed. There was never any formal confirmation that the second deposit of 1 million was actually received so presumably it was and presumably the final negotiated deal incorporated these deposits. It seems 2 million was waived of the original deal to give guarantee of payment in full. That 8 million figure was always going to be rubbery so my take is this is an excellent outcome. This stock was trading in excess of 80 cents a year ago with those brokers who follow the stock closely giving a price target greater than 1.10. Everything looks a lot rosier now than then with a royal commission behind us, a favourable government and now divestment of a non-core business at an excellent price. Makes 41c look like a steal. However if you're not convinced wait until the next update or full yearly to learn net inflows for the year - my calculated guess is it will surprise on the upside.
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