Normally I wouldn't bother responding to the immature vitriolic Schadenfreude that infects HC at times like these (shows more about the posters than they know) however I would like to make these points:
- Very disappointing to learn of FF & Fruitbox through an AFR article (no matter how slanted it is) and does put very large question marks over JM & BH's integrity.
- Although it is unpleasant I'm glad to be made aware of these inconsistencies and can alter my exposure accordingly.
- The responsible and proper course of action is for a TH tomorrow before opening and release of quarterly, integration updates and response to AFR allegations before resumption of trade (time will tell and anything less will reflect extremely poorly IMO)
- The December update on CBA clearly stated that components of GSW platform were or had undergone testing prior to integration within the Alberts POS system.
- It is obvious (to me at least) that field testing or a pilot follows before 90,000 rollouts of a new and disruptive POS system.
- CBA would be investing a great deal of money rolling out 90,000 new POS units to merchants with GSW at it's core - such an investment of time and capital requires confidence that the product does what is intended with minimal disruptions to both the merchants and CBA.
- Any suggestion that GSW is another 1PG is both defamatory and completely erroneous as there is a product which has been successfully integrated into large businesses with success and acclaim and revenues generated.
- It does concern me that not all Red Rooster outlets have integrated GSW into their operations and I feel needs to be qualified how many exactly of the 360 outlets are using GSW and how many transactions which investors may use/or not to infer adoption rates for other clients including NA Williams.
(All IMHO - DYOR) - GLTAH & get a life or grow up immature Schadenfreuders!!!
GSW Price at posting:
$2.92 Sentiment: Buy Disclosure: Held