SP1 southern cross payments ltd

ASIC Commences Proceedings Against ISX and JK, page-255

  1. 164 Posts.
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    As per the Statement of Claim, no revenue has been derived from any of these three customers subsequent to the one off integration fee. These were one off events and no recurring revenue was generated. I also think it is immaterial from a shareholders perspective whether value was created for these customers in the abscence of any value creation for shareholders. On that basis, I disagree with your statement.

    https://hotcopper.com.au/data/attachments/2714/2714753-92bc48e89b702671a26fe8705e3d0b4c.jpg



 
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