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$1.07 southern cross payments ltd

Letter to shareholders and update on resolutions., page-70

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kenjikool

11,213 Posts.

2189

10/07/20

18:34

Post #: 45787732
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Originally posted by aniesbaswedan: ↑

let me ask you some questions to establish some semblance of a baseline in the logic so we don't go around in circles:

In general terms,

Do you think that any money that flows in can be counted as revenue? Yes or no?

To be more specific, let me reword the question by incorporating a very specific scenario: Imagine I am company A and I give you $1. You then return that same $1 with 5 cents subtracted as a reward for your participation in the scheme thus bringing the total returned to 95 cents. Is it okay for me to record that 95 cents as revenue, especially if company A is a listed company? Yes or no? Please explain if your answer is yes.

Expand

Hello Annie are you there? You haven't answered the simple question. You seem to have disappeared? Should I ask who ever you tagged with? Or are you scrolling through the ASX SOR or other documents to find a black and white answer to why we are suspended?

Last edited by kenjikool: 10/07/20

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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