AYS will need to make a decent provision for the ACCC event in the June full year accounts given what the ACCC is seeking, looks like this eposide of AYS illegal behavior is going to run into the Millions in total costs.
"The ACCC is seeking pecuniary penalties, declarations, injunctions, publication orders, costs and an order allowing affected customers to exit their plans without penalty.
Amaysim Energy Pty Ltd (trading as Click Energy) is a subsidiary of Amaysim Australia Ltd (ASX: AYS)."
Sample of representations on Click Energy’s website as at 8 November 2017
Release number:
123/18
AYS will need to make a decent provision for the ACCC event in...
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