Well, I prefer BEN to disclose why they paid $116m to buy small IT company? none of the presentation talk about revenue, cost and profit of Up bank neither they provided what will be combined entity benefits in term of financial figure.. which shows why market reacted badly and i doubt if chairman or CEO gets any Up vote in next AGM.
if BEN paid $116m for highest rated app then it is worst money spent by the bank. Marnie failed to demonstrate why BEN bought ferocia / up bank.
Up bank has 5000 review on Google with average 4.7 starts... now that is not substantial number of reviews that she paid $116m. across all documents all i can see is "highly rated app" word which tells me next she will buy candy crush for $100m...lol
does anyone knows o. found what is Up revenue or NPAT?
looks like Marnie, Travis and Taso need to find new job at App making company....as the management who hides figure not worth keeping in the job..IMO...
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Well, I prefer BEN to disclose why they paid $116m to buy small...
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