SIG 2.96% $2.78 sigma healthcare limited

Is the $300m a return of funds per se, or just the fact that...

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    Is the $300m a return of funds per se, or just the fact that they won't be investing that amount to fulfil the soon-to-be lapsed contract?

    This quote in the AFR is what confuses me:
    "I'm not tying up three hundred million bucks to make no return," Mr Hooper told a conference call on Monday morning. He said if Sigma had signed a deal and then told the market that its earnings before interest and tax would halve because of it, investors would have been unimpressed. "I'm not sure there would have been a warm round of applause".
    https://www.copyright link/business...-in-chemist-warehouse-shakeup-20180701-h1245f

    EBOS Group up 5% on the news of its win. One distributor paints a picture of an unworkable contract given the expected returns, the other pitches it as a significant coup. Hard to know where the truth lies.
    Last edited by Nomadic_Investor: 02/07/18
 
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