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Ann: Appendix 4C and Board Update, page-13

  1. 676 Posts.
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    I never suggested that it was standard practices to report churn. I know that it isn't.
    Commercial contracts are different to subscriptions. If you don't understand that, then there isn't much hope for you I'm afraid.

    But I'll try explaining it in other terms. ASIC have very limited resources, there are lots of rogue directors that they could go after, but they can't afford to go after all of them. Do you honestly think they would bother pursuing this if they thought there wasn't a difference between regular subscribers and commercial contract holders (that they thought were important enough to update the market about)?

    That's a rhetorical question by the way. I honestly would prefer if you didn't reply.
 
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