SP1 0.00% $1.07 southern cross payments ltd

Ann: Response to ASX Query Letter, page-240

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,949 Posts.
    lightbulb Created with Sketch. 2126
    Slow down and read the announcement again.

    I'm not saying its pretty but you are not intepreting the numbers relating to OT Capital properly.

    Look at geographical breakdown and then the 3/6 month break down for March Q 18 and then 6 months ending June 18.

    OT Capital was revenue being derived in AU and clearly was derived in the March Q only.

    The flip side of this is that 78.5% of all revenue generated in March Q 18 was from OT Captial. Their termination as a client, in my opinion, was material and should have been disclosed immediately on the day it happened.
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.