If the three contract values are $70m, that does not mean that revenue of $70m will be received in the first three years. For sales made at the start of year two, the revenue will be received in year two, three and four.
For sales made at the start of year three, the revenue will be received in year three, four and five.
BUD Price at posting:
10.8¢ Sentiment: Buy Disclosure: Held