CUS 2.17% 9.0¢ copper search limited

cost of interest rate swap, page-6

  1. 916 Posts.
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    Cus share price whilst improving 40% in a sombre share market, is still only chicken feed to what it should be., and has been.
    The current share price of $1.45 with only 120mill shares on issue, if you convert it back to prior consoldation its 14.5c., when they had 1.2 billion shares on issue.
    When they had that large amount of 1.2bill shares on issue the share reached a high of 32cents., which is equivalent to todays 120 mill shares on issue = $3.20
    Considering the improvements in the company [sales of non core assets-SPS, cost cutting, Reduction in debt, aditional advertising revenue, additional merchants added, and the impact of the looming direct charging in 12 days], new ceo etc.
    i say again this current s/p is only peanuts.
    When the big run comes for the shares over direct charging
    revenue, there is only one tength of the paper on issue to withstand the onslaught,in better market conditions.
    When direct charging came in overseas i read there was a surge in buyers interested to own atm companies because they could charge their own fees.
    Customers is a much better company now, than when it was 32c eg $3.20
 
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