EFT 0.00% 49.0¢ eftel limited

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  1. 5,646 Posts.
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    Was interested to see purchase from SVW - however when looking at company it appears that a large portion of the business is via DODO - I dont mind Dodo but in fact it also appears that a director and I presume a substantial shareholder in DODO has total control here. I am interested why you would not be worried by transfer pricing that is controlled by a director and who can decide the profitability via the dodo relationship - with Dodo ensuring that the company has funding etc as noted in the report.

    Nothing illegal but I am not sure how you value this on that basis. If dodo falls over - does this or can this survive? If dodo is hugely profitable why did it not get acquired into this reverse takeover?

    Interested as I like the sector but not sure how this one works.

    Obviously not a trading share as low trading volumes.
 
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Currently unlisted public company.

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