This is great exposure for Mint, given their focus on high volume retail opportunities. I also see that they are going direct with some high volume and value opportunities like Flight Centre (as shown in the recent presentation) through there on line payments platform.
I believe they have the formula for achieving break even as illustrated in their presentation. Firstly new revenue from retail high volume transactions from channels like BNZ focusing on retail, and most importantly from NETS - this is key , and secondly from their focus on reducing costs over the coming quarters.This is a top priority from the Board as talked about at the AGM as well.
I am looking forward to finally seeing some fruit from the tree as it has been barren for a while!
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