Thanks for that. I went through the prospectus also again, albeit dated data.
Asia Pacific then was 16% and now using page 81 revenue is 22.6%.
At prospectus they had over 1,000 clients and top 10 clients by revenue were 41% of total revenue, of which the top client was 4% of revenue.
Assuming ASIC was infact if at all the top client, that would, using back of envelope figures $152mil at 4%, would be circa $6mil revenue hit. If the share price crash yesterday was based on ASIC alone for $6mil, it seems a large exaggeration.
Sure lot's of other risks, but no doubt the AFR article and share price falls were in sync all re ASIC non renewal of license article albeit appears known information prior to yesterdays article. I would think that ASIC move is more to avoid a conflict of interest of using NUIX software to legally persue NUIX.
Time to wait for next Monday.
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