That's right.
I was wondering if we need 20M transactions from members if PIL really earns $0.1 from each of those. (it sounds a lot!)
That would be $25 per transaction value which to me sounds reasonable on average.
(I assume an overall volume of $500M per year)
This would mean $2M revenue per anno which would probably push PIL into black numbers with a current annual loss of $2.36M.
So we need to see around $550k in revenue reported in April if implementation is finished in December???
Did I get that right? I probably have missed something...
That's right.I was wondering if we need 20M transactions...
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| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $218.1K | 13.62M |
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| No. | Vol. | Price($) |
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| 3 | 6054246 | 1.6¢ |
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| 1.7¢ | 2603079 | 6 |
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| Last updated 15.20pm 13/05/2024 ? | |||||
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