CY18 Business Update, page-6

https://auspost.com.au/content/dam/auspost_corp/media/documents/2018-ecommerce-industry-paper-inside-australian-online-shopping.pdf

https://www.statista.com/outlook/243/107/ecommerce/australia

In 2019, Australia eCommerce market is total 21 billion USD (around 30 billion AUD) and 20 mil. users.It's expected to grow further. I could understand that current finance data doesn't support short term increase in share price, but I can see total market and growth of the market.

If it's still stay in 30 billion, and 5% market share is almost 1.5 billion, and 3% of merchant fee is around 45 million.

Is it possible? when? who knows? nobody... for me, they have product (protected by patent) and people to sell...

Beside that current eCommerce in Japan is 121 billion AUD, and Andrew Pipolo was former Paypal Japan MD.