Short Term trading Week Starting: 14 Nov, page-345

  1. 3,634 Posts.
    STT COMP TSN, FA LONG


    MC about $50m

    I posted about it in this thread a few weeks back

    http://hotcopper.com.au/threads/india-cancels-500-and-1000-rupee-notes.3035342/#post-20653013

    To summarize.

    India has cancelled most of their currency and issuing new notes to tackle the massive cash economy (around 50% of trade!)

    1 Billion Indians have been told to use ATMS.

    TSN with their partner is a major player of ATMS in India

    It's  this major econmic seismic shift that will send TSN into orbit
 
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