yes i have a feeling the 4C is going to be terrible and this announcment was just to try to soften the blow.
This one particular bit in todays announcment has me scratching my head.
In addition to Board, executive and team changes, the Company has identified approximately
AUD$1.0M of non-people costs that can be removed from the business. Whilst the Company is still
reviewing all non-people costs, the following areas have been prioritised:
• Amending software subscriptions, through actual reductions but also by negotiating new
contracts with revised pricing;
How does this save money when they are reducing subscriptions and negotiating contracts with revised pricing? Surely this means reduced cash receipts does it not?
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Ann: LiveTiles Operational Review update, page-8
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