Seller’s Put Option
In the event that Codium’s annual revenue (excluding revenue derived directly from the Buyer’s company) exceeds $8m in a single financial year and an EBITDA margin of greater than or equal to 17.5% is maintained, the Sellers will have the option to force the sale of the remaining 30% of ordinary shares in Codium to the buyer for $4.8m in cash or scrip or a combination thereof at the Buyer’s discretion.
So that means 8 million revenue on there 30% , means company Codium overall making revenue of 26.6 million a year in revenue .
Looks to be a positive buy IMO , plus ease of having there own in-house software development .
Ann: Xped to Acquire Leading Software Developer-XPE.AX, page-40
-
- There are more pages in this discussion • 138 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OAK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.619M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 42973 | 1 |
View Market Depth
| Last trade - 16.12pm 01/11/2024 (20 minute delay) ? |
| OAK (ASX) Chart |
Day chart unavailable