Median wealth in Australia: US$273,903 per capita
Median wealth in Indonesia: US$5,030 per capita
Indonesia would have to have 54x the number of users to have the same FUM based on this... so 300k customers in Aus... Indo would need 16.3m paying customers. I think it is pretty clear you can't charge people that have no money much in fees. Money makes money. I hope they focus on Australia, especially as it seems just as expensivce (if not more) to run Asian operation. Aussie, Aussie, Aussie!!!!
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-6
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