The chart sure looks bearish at the moment. Reasons?? Sell down by HHL? Profit taking after a stellar run? Queries about growth quality of growth prospects, eg NZ market only about size of Melbourne??, how many times can the price per ATM draw be increased - not sure but does not take much to bring in the cash?, is there much money in advertising/fleet sales/prepaid phone?etc. Not sure about above prospects. Positives - little resistance to trial increase to $2.50, share buy back, recent media reports on increase of ATM useage compared to Credit card, share buy back. Comments.
CUS Price at posting:
$2.72 Sentiment: LT Buy Disclosure: Held
