sergent, I beg to differ with you regarding CUS lack of announcements..
CUS has hinted at rollout for SPS.
On 31 August a very detailed business presentation. This was in addition to a detailed report on the business within the preliminary financials announcement.
In the 40 pages of presentation was an update
on SPS and the roll out as well as other aspects of their business.
In addition on 31 August they issued a statement about ATM Fee Reform that had been announced by the Reserve Bank that day.
On 26 September they made an announcement re a major branding deal they had completed with St George Bank and BP.
On 28 September they issued an 82 page annual report on the business. If people had read it they would have noted a further update on the SPS roll out.
Over and above that, there have been a range of positive and detailed broker reports recently released as well as a number of positive press articles.
we should not focus on day to day trades (which in recent times have been very light) or indeed the share price.
CUS objective is to maximise value for shareholders over
the medium to longer term particularly off the back of ATM fee reform.
.
However I think for an emerging business of CUS size they have been pretty good., they have developed the business from a standing start, that in two and a half years, that is now in the ASX 300. (see S&P
announcement 6 September).
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