Operations Update, page-68

Here is some positive news to kick things along a bit. Look at the debit card transaction percentages in the article below in terms of how people are primarily using their cards.

http://www.livemint.com/Money/jCjgd...-cash-is-still-king-for-Indian-consumers.html

Great news for any company that is managing 13000+ ATMs.

Of course the downward churn is quite unpleasant but it is heartening to know that we are not dealing with mining tenements or biotech discoveries here. We are invested in a solid recurring business that is supported by an amount of debit cards that is impossible for me to fathom!

@TonyIndo - perhaps you could jump on the typewriter with management and help them get that update out! Then Warrick Capper at 2.9 might go back into retirement.

All the best.