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Ann: Response to ASX Query Letter, page-101

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OzJ

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28/10/19

13:48

Post #: 41099496
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Originally posted by vagabond84: ↑

I'm sure I've missed something here as I'm not that well researched into the KAB issue, but my understanding was that the drop off in revenue in the quarter immediately after the performance rights hurdles were met, was blamed on KAB's collapse in September resulting in supply side issues. But from the monthly revenue breakdown released today it seems the drop off occurred in July, 2 months before KAB's collapse. KAB issues began in July, but ISX said they didn't expect a material revenue impact from the intermittent KAB issues during July and August. am I missing something, or is the explanation given re KAB inconsistent with the provided monthly revenue figures?

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I think that finding the answer to your question is the point of questions 12 and 14. Possibly question 15 as well. It's not clear what the answer is from the information the ASX provided in it's questions.

ISX Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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