Mr Bris,
As I read them, the most recent NSX accounts recorded an impairment charge against the investment in the clearpay JV of the whole prior year's carrying value. I'd call that a "write down to zero" which, when JoeG called it out, you said was wrong.
If Joe G is wrong and the NSX accounts do record a value for NSX's 3.2m cash payment into the clearpay JV - can you show me where that is because I'm not seeing it in the published accounts?
As NSX is a bit short on recurring revenue and that BIG Saudi deal is not yet printing money, I think it's worth having some clarity on ClearPay's carrying value in the accounts.
Is it a TreasureTrove or not?
R.S.
Mr Bris,As I read them, the most recent NSX accounts recorded an...
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