Well spotted Goslan....and the quote in the first article...

Well spotted Goslan....and the quote in the first article was
relevant as well The latest data from the RBA, from December 2009, indicates that 60 per cent of ATM transactions are now made at an ATM owned by the customers own bank, up from 56 per cent one year ago. And...There is evidence that people are also moving to alternatives, with an increase in cash out at eftpos. I suspected both of the above would happen adding
to the points below

1.People moving to own bank resulting in lower transactions
2.People moving to "cash out" - lower transactions
3.Pressure on margins from merchants fee grab
4.Pressure on transaction levels due to new ATM deployers
5.Pressure on transactions due to legislation changes in
pubs and clubs

I could be proved wrong but betting on an EPS of even 8.5 cps for the current 6 months I feel is a risk. Even if 8.5 cps is achieved that's still only $1.70 on a PE of 10.