You are correct Dubsec. Transaction values need to be compared...

You are correct Dubsec. Transaction values need to be compared appropriately to the same currency. MNW transaction values annualized would at the moment be around $US 450M (AUD$600M).

So Paypal paid $US 2.2B for iZettle that transacts $USD6B.

Applying similar ratios in USD then MNW would be worth 450/6000 X 2,200 = US 165M.

The point is that the market on the ASX is currently valuing MNW at 3.0c or $AUD 22M, and is way undervalued in comparison to the value paid by Paypal for this purchase.

In comparison to iZettle ,although a fraction of the size, Mints focus in Asia will provide exposure to markets like Singapore and Malaysia that would be invaluable to larger players.

See attached an interesting piece on the increase in global valuation trends of fintech payment companies

https://www.**promotion blocked**/i...ll-street-liked-paypals-izettle-purchase.aspx