MNW mint payments limited

Chat with Alex fyi, page-8

  1. 2,251 Posts.
    lightbulb Created with Sketch. 672
    Hi mate, as NETS only started implementing Mints system at the end of April, initial revenues would obviously be a trickle to begin with and carry on building thereafter.
    There's also the thing of what time period is involved for NETS to make payments to Mint for the service - weekly, monthly or every 90 days ??

    As you say, the customer receipts don't indicate much but hopefully that'll be on the continuing increase as we see have been seeing quarter-by-quarter.
    NETS are also paying for the implementation of the service, including an amount for the technicians' work and it's not clear either if this has been done yet.

    All we can do is wait for the Annual Report in 3-weeks time and see what the various break-downs are. If there are to be any questions on it at that point, anyone can contact Alex for clarification.
    He's a very approachable guy.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.