Australia's largest stock trading and investment forum Australia's #1 stock forum

GSW

Click for more information

0.00%

29.0¢ getswift limited

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

First 65 Last

Share
Profile

Follow
Fire Bull

1,252 Posts.

19

28/07/17

11:33

Post #: 26137353
Share

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."

Expand

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
1 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

EBR

EBR reaches review milestone for wireless cardiac pacing device

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

There are more pages in this discussion • 46 more messages in this thread...

First 65 Last

Add GSW (ASX) to my watchlist