InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,712.40
(
0.17%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.21
(
1.00%
)
Bitcoin
62,807.49
(
2.21%
)
Post# of 7895
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

turola

Send PM Follow Ignore
Followers 0
Posts 11
Boards Moderated 0
Alias Born 10/28/2015

turola

Re: None

Tuesday, 01/03/2017 12:52:11 PM

Tuesday, January 03, 2017 12:52:11 PM

Post# of 7895
I am surprised no one has written about this part from the annual report:

As a result of the acquisition of Matrix, AYSI will eliminate historical payment obligations to Matrix and its predecessors that, in the fiscal years ended September 30, 2016 and 2015, respectively, totalled A$2,296,000 and A$4,123,000 respectively.

So, it seems to be exactly as was suspected in here after the initial announcement of the acqusition.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up