I can see that the bet will be over before terms are agreed
Quote:
Originally Posted by
moosie_900
Ok, so a quadrupling of trading revenue during the 1H14 to $3,352,000+ sound good NG? This takes into account the fact the Callaghan Funding will make up $500,000 - $750,000 of that. This is also below the 4.5 times revenue growth from half on half growth and seems fair to me if you're bullish!
You seem a tad confused antler man.
Trading revenue:
F13 H1: $17K
F13 H2: $506K (FY14 $523K)
F14 H1: $2M277 (being 4.5 times F13 H2)
Presumably Callaghan money will not appear in the Trading Residue but will be in Other.
Best Wishes
Paper Tiger