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Ann: Voluntary Suspension Extension-MSG.AX, page-3

  1. Tattiebinger
    650 Posts.
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    06/09/16
    10:03
    Post #: 18953697
    Yes you are correct, hence the $300K reversal of contingent consideration (6,000,000 at 5c) shown in the FY16 Income statement i.e. its been written back into the P&L.

    My guess is that the capital restructure will include the vendors or an insto doing an equity swap for the $1.315m in working capital they have effectively lent the business since MCS & Intiga got together.
    MSG Price at posting: 4.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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