Holy crap expenses of $3.7 mil for the quarter ???!! Corona has failed to take off completely so now World Phone - their only hope, is looking very costly to acquire users. I've tried their app while in Singapore airport- didn't tell me it didn't work and there was I talking over 10 mins thinking I was on WP but only to find out later that I was using Telstra roaming.So when I got to Cambodia with poorer wifi I was too scared to use WP because they could be reverting to my Telstra roaming without telling me which would cost $3/min. Overall the effort wasn't worth the risk.
Facebook now has free HD voice calls with excellent voice quality so I can't see how other small players are going to compete to be honest.
Good luck folks.
Ann: Quarterly Cashflow Report-NOR.AX, page-125
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