Very different business today than 2012. As I highlighted, that facility was secured on 815 ATMs and a couple of hundred Bill Payment Machines (at the time).
14,000 / 815 ATMs = TSI India now have just over 17 times the number of ATMs highlighted in 2012. That's just the ATM business line and could potentially be 23,000 ATMs should they seal the deal with SREI for 9,000 ATMs. If that materialises that would = just over 28 times the number of ATMs from 2012 when they secured the facility of AUD $18.5M.
Then there's all the other business lines.
Share price bobbing up up and down has been due to what Marty and FTTT have kindly highlighted. I'm sure many people remember how suppressed the share price was at 0.004c for years then BANG up it went. Corner-stoned by a number of local Institutional Investors and senior executive management is what was highlighted in yesterdays announcement.
Tony
TSN Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
Refer to my previous post.
