MNW mint payments limited

Google Is In Talks With Mobile Payments Company Softcard, page-7

  1. 8,751 Posts.
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    Hi Fibonarchery

    If MNW became cash flow positive that would be a big positive but I think that it is unlikely in the short term.

    I keep an eye on businesses in the payments sector because the sector is changing quickly and that may impact my holdings in what I consider to be 'low risk' stocks.

    I have plenty of high risk spec stocks but I usually do not trade short term therefore I have to think that the 'story' is a good chance of being a success before I invest. I get some correct and hopefully they make up for the ones I get wrong. There are lots of 'story' stocks on the ASX that just keep taking shareholders money.
 
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