IBN 0.00% 2.0¢ ibuynew group limited

Ann: March Quarter Update and Appendix 4C, page-3

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  1. 33 Posts.
    "In the scenario that iBuyNew agents sell a Nyko listed property both iBuyNew and Nyko will recognise this as 1 sale, iBuyNew is treated as a Corporate Partner as both companies receive separate commissions for the sale from the developer. As for TTV, the value is recognised only once across the Company. During Q3 FY17 8 sales were achieved under this referral sale treatment."

    so does that mean only 30 properties were sold?

    This also applies to TTV, so does that mean the real TTV is less?
    Last edited by BittenFlea: 27/04/17
 
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