RE: Placement RNS tomorrow???19 Dec 2019 09:55
What revenue is due?
There is nothing substantial.
Todays RNS isnt saying they are getting 10 million next year - its a CAP! They may get nothing. Companies have to want to pay to advertise using BIDS. They may not as the reach is limited to FM20 and Grid in reality.
Had the RNS said the contract is for a 10Mil SPEND then yeah pump away, but as it stands its fluff. No guarantee of revenue at all, and quite stupid off him to say in the RNS its a shame the revenue couldn't have been booked this year - it cant be booked till its been received and it cant be received until someone decides to spend it!
Smoke and mirrors