VOR 0.00% 39.5¢ vortiv limited

You're correct Dreambuyer and to add to what you wrote.... .The...

  1. 153 Posts.
    You're correct Dreambuyer and to add to what you wrote.... .
    The banks want to keep their customers from clogging their systems and therefore want ATMs for them to use instead of having them come thru the door. In order to help achieve this, the banks are paying the transaction fee to TSN, not the cardholder. The transaction is free to the cardholder.
    Not a single ATM is expected to do under 9000 tx a month. I believe there are a couple of sites with 3 machines side by side and still achieving over 9000tx each.
    On top of that we have a company that's carrying no debt.
    I don't think we will see dividends for a couple of years because income will be converted straight into equipment and causing growth to be exponential (as it is now. ) When dividends do come, they will come with a bang. In the meantime however, sit back and enjoy the spectacular growth in share price from a very well run company headed by a switched on, level headed CEO.
    TSN are definitely miles ahead of the pack here and, In fact, have the banks approaching THEM! Wouldn't Tim Wildash (CUS) kill for that!
 
watchlist Created with Sketch. Add VOR (ASX) to my watchlist

Currently unlisted public company.

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