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  1. 17,219 Posts.
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    Gimme do you numbers - stop talking BS on what the CEO said which you obviously can't understand.

    IOU allocates $1mil cash to buy prepaid airtime.

    If say this gets us 100,000 prepaid vouchers at $10 each and IOU only paid $970k for that's a $30k margin.

    Now we sell out 100,000 prepaid vouchers in a week, IOU gets $20k a week gross and the distribution channels gets $10k gross profit. Do this for 1 year and that's $1.04million gross profit at $20k x 52 weeks.

    Just simple math isn't it? You would love to muddle everything and be disingenuous like you have always been.
    Worry about PIL if I were you.


    https://hotcopper.com.au/data/attachments/3064/3064726-3414b79b52d6ee2357a3e15d9fef923e.jpg

 
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