Ann: MTN Arena registers 80,000 new subscribers, page-45

80k unique subscribers since launch in early July, key questions are:

1) how many current subscribers?
2) how many average daily subscribers (given the short lock-in period)

80k subscribers who only gave it a chance for a day or two, would mean it is making no money at all

without this information, the announcement is useless and no calculations of value to EM1 can be attempted (that's assuming we had half an idea of what "net revenue" is - they still won't clarify that either)

the announcements are, in my view, being framed deliberately for a reason.. the truth will eventually come out in the financials