SP1 0.00% $1.07 southern cross payments ltd

Slow down and read the announcement again.I'm not saying...

  1. 2,889 Posts.
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    Slow down and read the announcement again.

    I'm not saying its pretty but you are not intepreting the numbers relating to OT Capital properly.

    Look at geographical breakdown and then the 3/6 month break down for March Q 18 and then 6 months ending June 18.

    OT Capital was revenue being derived in AU and clearly was derived in the March Q only.

    The flip side of this is that 78.5% of all revenue generated in March Q 18 was from OT Captial. Their termination as a client, in my opinion, was material and should have been disclosed immediately on the day it happened.
 
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