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.
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Yes you are correct, hence the $300K reversal of contingent...
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Mkt cap ! $594.2K |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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No. | Vol. | Price($) |
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7 | 12889776 | 0.002 |
8 | 21773599 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 890348 | 2 |
0.006 | 3021437 | 4 |
0.007 | 3630949 | 3 |
0.008 | 500000 | 1 |
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