Yea sure, but completely unrelated to my post. Increase in merchants, customers, transactions and transaction volume resulting in basically no growth. Makes me think there is something going on with the margins.
Market isn't enjoying the presentation, I'm not sure I'm either. US looks good, but there are definitely some question marks on the AU operations. The point I made above is completely separate to another matter which is continuing bad debt %.
Not enough for me to sell, but I'm not surprised market is being a little edgy.
Ann: Quarterly Update, page-88
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