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

MNW

Click for more information

0.00%

1.0¢ mint payments limited

Why won't it be 1% of turn over and also what would you think it...

First 13 Last

Share
Profile

Follow
mouse

7,746 Posts.

156

02/02/16

19:50

Post #: 16925423
Share

Originally posted by addicks ↑

Here's my 2c:

- Mint are clearly focusing more on the Card Not Present market. Good volumes with the right business but low margins. Someone indicated that they might get 1% of total turnover. Sorry, won't be close to that.
- Their new guy - Jamie Collins - has a strong background - https://en.wikipedia.org/wiki/IP_Payments in this market.
- $43 million cap is probably about right for where they're at but there is bigger upside in their infrastructure. I wonder what they are going to do with their EFTPOS accreditation (harder to get that you would think).

A few more deals being announced and this one should double.

Expand

Why won't it be 1% of turn over and also what would you think it would be then?

MNW Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BUX

Buxton projects new graphite province discovery at WA Narryer play

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

There are more pages in this discussion • 6 more messages in this thread...

First 13 Last

Add MNW (ASX) to my watchlist