IBN 0.00% 2.0¢ ibuynew group limited

Ann: Retirement of Executive Mark Mendel, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,543 Posts.
    lightbulb Created with Sketch. 16
    Yes costs have been cut to the bone under the commissions growth model.The savings were shown in the presentation on 22/3/17 being $1 million.They have spent $300k on 5 BDMs giving a net saving $700k. They have then employed 14 commission only sales agents.
    Yes some of the sales are shown on twitter and facebook but not all.For instance Nyko sales are not shown and some customers prefer privacy.
    They are now selling new properties in Western Australia.Once established in Australia they may look at overseas markets starting with New Zealand.
 
watchlist Created with Sketch. Add IBN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.