Lets wind back the clock to December when despite all the bullshit headline numbers I said the annualised financial loss would be $150 million.
Sorry I was wrong these goofballs managed to lose $139 million in only six months with Quadpay losing money hand over fist .
I expect full year losses well in excess of $300 million and next time they come back to market for funds they may well be shown the door.
Nett asset value of 12 cents per share and if they are wound up that's the maximum you will get.
Chart - Z1P, page-6141
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