Oggede,
as to the outsourcing, all 9SP's clients are actually outsourcing this part of IT function to 9SP who has to hire 110 staff to run it with $20mil a year overheads...
that is probably why 9SP was quickly top up its pocket as it figured out if they leave to Sep quarter, it will be too late to raise any money above 10c.
at the end of the day, banks will never lose money!!!
