From today's announcement:
"SmartTrans is entitled to receive a percentage of all amounts wagered by its customers via mobile phone or internet on the V1 lottery application."
I think the reason they never mention percentage is that it is going to be tiny. China Mobile I read somewhere is getting around 5% so that will leave us with Zilch.
"But they have over 600m users..."
Say 15% use the lottery on their mobile this deal isnt that great and anyway when the board give themselves huge payrises Cap Raisings will still be on.
China Mobile deal is dead and so is my belief in this company!!
announcement - placement, page-18
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