We been hearing now for the past month that Bill Express announcement will be forthcoming which will tell all. When that day arrives, all comes is another Extension of Voluntary Suspension announcement.
The last one was on the 20th June. Then we were told that yesterday Monday 23th June, we would get an announcement of what is going to happen. Yesterday we got nothing, not even the usual Extension of Voluntary Suspension announcement. This for an ASX company, even if it is in voluntary suspension is a shocker.
The facts are there are 1400 Bill Express terminals in shops now. To those shops, unless Bill Express get their terminals running with Telstra, Optus and Vodafone it is of little use them. So many of my clients have already moved from Bill Express and many of those that have not, are now making a plan B.