SP1 0.00% $1.07 southern cross payments ltd

Ann: GPTV Update, page-22

  1. 688 Posts.
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    I'm picking up what you are putting down @jlo2012 , and I think that really describes the reason why we had such a high cost v revenue increase during the last quarter.

    1) if you dont provide the service you have offered your customers will go elsewhere.

    2) if you dont provide the service by the required date then they have to go elsewhere.

    3) if they go elsewhere then you have very limited opportunity to regain them.

    4) better to have them now at small - no margin and then improve your cost whilst further integrating them into other service streams.

    Big revenue growth over the next 6 months. Going to go through a purple patch of aus customer pick ups. 1b GPTV around end of quarter, 2b GPTV near half year (aus) reports.

    If the company is making acquisitions then they arent worried about balance or funding Med term.
 
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