Because NOR bought most of those customers via freebies with WP.
NOR used the RTO capital to promote WP. The more downloads, the more NOR would lose.
But it enabled NOR to:
1. pump out positive news
2. Enable the backers of the RTO to make juicy returns
3. Have a big CR at 0.08, 0.80 in today's money... which they subsequently blew on an unsustainable business model
And here we are today.
No one should be surprised by this CR, I predicted it here:
https://hotcopper.com.au/posts/55983497/single
Another good call by the Growler
All imo... except for the facts
