Yet QFX for years proclaimed the self appointed title of "Australia and New Zealand's leading movie streaming company" looks like they lost that one to Netflix within three months and even when in your view NFLX content isn't as good as people were expecting.
Still much better than the abysmal amount of content offered by QFX unless you want PPV
Fact is the content is good enough for NFLX to quickly become Aus NZ primary digital streaming provider by a significant number of households already.
That's always been the problem with QFX streaming play content which I've been trying to highlight for years, even at $1 it's poor value for money. Rampers here use to get excited about content releases like Bro Town and some old tv series, all of which were available free on You Tube and sometimes in HD.
Can't even afford to pay up the 5m owed so having to do debt for equity and you still think fundamentally QFX is in their strongest position in years just because of a slight increase in the ambiguous paying customers number, while completely ignoring customer churn and another quarterly loss of nearly 1m.