TSXV:MRS.H - Post by User
Comment by
Expos44on Oct 19, 2019 12:53pm
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Post# 30247360
RE:ADS Contract Percentage is PLUNGING....to 10% and 6%....WOW
RE:ADS Contract Percentage is PLUNGING....to 10% and 6%....WOWAs a shareholder I do hope that ADS loses market share, however, the calculation is not quite accurate. Allow me to explain. The $4Bil is a cap, that is all. The correct % calcuation must be against the total $$ spend within the program up to now and not against the $4Bil cap.
In order to do so, one must cacluate the $$ won for each of the 6 companies within the program. Only then can the % won against the other 5 be correctly calcuated.
So if you are up to it, publish the same for the other 5 as you have with ADS. That said, you have certainly peaked my interest and when I do find a little time I will dig a little more into this. Unfortunately at the time of this writing the website is down for maintenance until later in the day.
Hoping to, and anticipate an uptick on the actual % of each of the 6 against what has been awarded to date.
Cheers and GLTA