CUS 1.41% 7.0¢ copper search limited

result better than expected, page-6

  1. 3,488 Posts.
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    hi pickup...I'm sure Wildash will keep cutting costs...as he stated in a letter to me outlined in a previous post he's running a "lean and mean" machine. He's appears to have taken the best people from ATM Solutions and installed them in Customers and I think we are in very good hands at the moment.
    With the "one off " event of direct charging and revenue potentially to double from $80 mill to $160 mill with little change to fixed and variable costs, I can't see a better buy in the share market at the current price. How often does a company have the opportunity to double revenue over twelve months with their costs remaining the same ?...it's extraordinary ! I've taken a large postition and gone against all the traditional rules of a diversified portfolio.
    The reason is when an opportunity presents itself and there is limited risk on the downside then load up.
 
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