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29.0¢ getswift limited

who knows but the important thing to remember is we're talking...

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1,252 Posts.

19

28/07/17

11:33

Post #: 26137353
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Originally posted by Vet14 ↑

From todays announcement. So there are 75k terminals in total and of that, the majority would likely be stationary. So they're going to get 257m transactions of a fraction of the 75k terminals? Even if all 75k were mobile (and they aren't), that means each terminal would need to have 3.5k transactions per year to get anywhere near 257m transactions.

"Under the exclusive multi year contract with Commonwealth Bank the Company will focus on expanding the GetSwift platform across an estimated 75,000 merchants in the joint networks. The Company is working with the Commonwealth Bank on a joint deployment plan and appropriate marketing and operational initiatives."

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who knows but the important thing to remember is we're talking unimaginably large numbers - the rest is just meaningless detail.

GSW Price at posting: $1.10 Sentiment: None Disclosure: Not Held
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0 Great analysis

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