CUS 1.82% 5.6¢ copper search limited

hi Miike, yes i remember seeing 32c prior to consolidation of...

  1. 916 Posts.
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    hi Miike, yes i remember seeing 32c prior to consolidation of the shares. that equals $3.20 in todays shares.
    but CUS are a better company now, than when they reached 32c.
    Leaner,more efficient, less debt., and better ability to make ADDITIONAL profit and swamp any dept from more revenue expected from D/C
    Further with a pretty switched on ceo, and also now in NZ., instead of asia.
    Bailment costs should be lower with the interest rate cuts,
    and with rudd handing out money all over australia, i expect transaction numbers will be up in CUS atm machines.
    Really they should exceed the pevious high of 32c and go further, cause if the market comes for them in the future, there is only one tenth of the paper on issue.
    And if you take overseas for an example there was a rush to get into atm ownership after direct charging came in, as they became very desireable to own seeing that they could charge and get their own fees. good luck
 
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