I think $10k might be on the high side for an NCR Atm (google search looks at about $8000) and I assume they will get a discount for volume. The higher cost is the establishment of greenfield Atm sites. This cost is circa $15k to $25k (maybe more).
I am very tempted to invest as I deal with ANZ bank's Indian team a lot and they even in the cities heavily rely on cash.
My major concerns: Funding of 2500+ sites and current debt levels.
- Forums
- ASX - By Stock
- Ann: New agreement with Central Bank of India
I think $10k might be on the high side for an NCR Atm (google...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VOR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online