Yep the market seemed to love the announcement of the potential...

Yep the market seemed to love the announcement of the potential 55m reduction in revenue. It has left me scratching my head because it seems material to me and it appears as if most would come off the top line (55m amounts to over 25% of NPAT Est FY18). Perhaps the comment about engaging with stakeholders means that many of the inactive accounts with less than 6K will remain with Link and not be transferred to the ATO. Also the potential effects won't be felt until FY19.

Well done to those who bought yesterday. I will move on from LNK as the market reaction made no sense to me and perhaps I am missing something in this announcement.