Lowdown

The latest from the Lowdown: "1.2m transactions is inline with expectations considering the company has yet to achieve 750k transactions in a calendar month (C performance rights). Obviously still "pre-revenue" based on the thesis proposed. CBA, Yum, NAW unlikely to begin having an impact until end of 2q, 3q 2018. Message delivered this Friday is very important to setting expectations. Few questions on the 4c re negative interest (perhaps a currency loss for USD deposits?) and also cash receipts vs revenue (need to inquire when transaction fees are paid)"