I agree there has to be some midpoint reached with the ASX regarding disclosure
The $1.8M would be the minimum Netsurion are locked in for under contract, however their own estimate is $6.9M ..
Does CIO simply wait for the first quarter of revenue from Netsurion to be substantially larger than $150K and do a guidance update ?
I think the company is waiting for the deal to go binding and a final figure before promoting and making a big song and dance about the deal ... it is massive though, it effectively doubles last year's revs in a single go
CIO Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
(20min delay)
