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G,day Sergeant. I think it was me. Is that why Scanlon/FCP...

  1. 5,836 Posts.
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    G,day Sergeant. I think it was me.

    Is that why Scanlon/FCP Brencorp are ONC's largest shareholder?

    I don't think these guys would park serious money in a short term craze that was at risk of being a fizzer. Why would you? And then raise $8 million at 39/40 cents with SIs/Insto's to fund expansion. Someone can see a rosy future. Admittedly China is the big game, but the tax break only applies there. What about all their other markets? The point I was making concerned the synergies between CUS and ONC. ONC are now moving to develop EFTPOS/ATM switching payments capability, and if you read the CUS broker presentations carefully you will find a one liner under 'Future Developments' simply stated as 'Loyalty Cards (or programs, I haven't looked it up again).'

    And they share a common significant shareholder.

    Agreed, they have different risk profiles, but I don't think ONC is as bleak as you paint it. At least ONC doesn't have over a billion shares on issue. I'm beginning tio think a consolidation is the only thing that will kick CUS out of its long term trading range torpor. Certainly the market doesn't seem to have any appetite to move it higher the way it is.

    Anyway, appreciate the discussion. For better or worse I'm in both.
 
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(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $2.425M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $4.4K 258.8K

Buyers (Bids)

No. Vol. Price($)
3 125174 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 226138 1
View Market Depth
Last trade - 14.43pm 19/06/2025 (20 minute delay) ?
CUS (ASX) Chart
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