INQ investorfirst limited

Ok, I see the marketsplus info in the last report:Marketsplus...

  1. asf
    9,887 Posts.
    Ok, I see the marketsplus info in the last report:

    Marketsplus Holdings Pty Ltd
    On 7 September 2011, the Company acquired Marketsplus Holdings Pty Ltd and its subsidiary (‘Marketsplus’), an unlisted public company in Australia..."

    "The acquisition consideration comprised an all cash consideration of $2 million, of which 50% is subject to performance criteria over an 18 month period as defined in the purchase agreement. The Company has determined a fair value for this contingent payment arrangement, which has been included in the determination of the consideration transferred. Future material changes in the estimates of this amount will be recorded directly in the profit or loss in the periods in which they occur."
 
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Currently unlisted public company.

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