Ann: Growth in Quarter as Streaming Competition Increases, page-38

Trying to read between the lines here other than the fact QFX are bleeding cash which is never the whole storey but the one that gets the most attention for a reason.

If the subs with access to post dropped from 65% to 55% and the churn was 8% which looks to be very much tilted in favour of post, what was the increase in new streaming subs?

Is the streaming service growing by 15% plus per quarter?
And why is QFX not reporting the increase in streaming subs whatever the number is as its the best number they have?

Are QFX deliberately not including this streaming number? and if so for what reason?

Is the balance sheet being vandalised on purpose?

Also it has occurred to me that QFX directors may have no regard for shareholders as we have been constantly burnt for the life of this business.
If this is the case how would you run your business if you just didn't care about the shareholders and had written in a job for life with the preference share deal?
As a director would you let all burn beneath you for performance bonuses you could give yourself if the business was taken over?
And if the business plan was to sell and you couldn't be chucked out by shareholders because of a preference share deal would you run the business at a loss and smash the share price to make a takeover easier?

Is the sticking point to doing a deal the excessive performance deal QFX directors are proposing for them selves?

No accusations, Just a couple of unlikely questions I have pondered.

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