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News: BID Bidenergy Seeks Trading Halt, page-11

  1. cjsimm
    42 Posts.
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    29/08/19
    10:43
    Post #: 40214269
    I believe it is $588k revenue once the customers are using the software - contracted for 3 years.

    I don't think it will take 3 years to roll out the origin contract. Conservative time frames would see that $588k hitting the bottom line within 12 months.

    A more accurate statement might be "a maximum of $1.76m revenue across a 3 year contract, pending the speed of Origin uptake."
    BID Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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