CUS 2.50% 7.8¢ copper search limited

i tend to disagree with rusty about the price cus have paid for...

  1. 916 Posts.
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    i tend to disagree with rusty about the price cus have paid for 3500 atm`s in this new deal.
    its only my opinion, but cashcard [holding about 5000 atm`s] were taken over by some yank company a few years back for approx $350 mill. thats about $70,000 average per atm. also cus holding about 1700 atm`s is currently capitaised at about $124 mill , thats something similar, about $73000 per atm.
    in the new deal they will get 3500 atm`s for $125 mill, thats about $35000 per atm, seems a good deal for cus to me.
    i men MAQ is not gunna sell the atm`s to customers for what they paid for them. considering the time lapse and the recent boom in equity and prices.
    this new deal means CUS will have 5000 atm`s , and if one can value the atm`s on an old cashcard valuation of $70000 then CUS should be worth more than $350mill because they have SPS up and running on top of their atm`s. and they now have mastercard international, bendigo bank and brencorp interested in them. in my opinion they are a bargain, and the market action this morning holding at 24c - 24.5c after the dilution effect seems to prove that
 
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Last
7.8¢
Change
-0.002(2.50%)
Mkt cap ! $8.859M
Open High Low Value Volume
7.9¢ 7.9¢ 7.8¢ $17.16K 218.7K

Buyers (Bids)

No. Vol. Price($)
1 40000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 82132 1
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
CUS (ASX) Chart
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