Exclusive
Big Un Limited's cash flow secret revealed
Jonathan ShapiroSenior reporter
Big Un Limited, the high flying online video firm whose stock gained 1600 per cent in 2017, has admitted its customers are paying for its services with money advanced to them by a Sydney finance company that has itself been issued more than 3 million shares in Big.
However the company dismissed claims that its chairman failed to disclose millions of dollars worth of shareholdings.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
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