The Bear Room, page-3023

A few interesting stats in the 127 page gala report:

Transactions in AUS were 42.3 mil, down from 47.4 mil last year, while merchant numbers were up 14.1%

Transactions in the US were 33.9 mil, up 34% from 25.3 mil last year, while merchant numbers stayed the same, at half of the AUS number.

Cash was up 27.9% to $353 mil this year from $$275.9 mil last year, of which $231.7 mil was restricted, up from 124% last year - 97%. WOW, that is a killer.

Operation floats were down 54% - $43.9 mil this year compared to $95.4 mil last year.

Receivables for the whole company were down 7.4% for the whole company. As expected, they are simply treading water and need to work out what direction to go in. If they want to take on the US in a bigger way they will need a big chunk of bucks to do it. No matter, NVidia has 24.62 billion shares on issue and ZIP is only a tiddler with 1.3 billion