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23/07/19
20:55
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Originally posted by Timbel:
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@eitsithc Mint has outlined the revenue and gross margin they generate out of each transaction in the Investor Report posted on the ASX dated 7/3/2019 on page 27 headed Transaction Economics. NETS Singapore is a significant opportunity for Mint to capitalize on as there are significant barriers to entry with meeting egulatory banking and government requirements. This is why it has taken a long time to take off.... For any larger payment gateway provider I would expect that this type of arrangement in Asia would be worth significant $. Mint is processing nearly $1 Billion in revenue overall and only capitalized at $18m. At this market valuation I wouldn’t be surprised if a bigger player makes a proposition to Miht that they can’t refuse, and surprise us all .... IMO
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Originally posted by Timbel:
↑
@eitsithc Mint has outlined the revenue and gross margin they generate out of each transaction in the Investor Report posted on the ASX dated 7/3/2019 on page 27 headed Transaction Economics. NETS Singapore is a significant opportunity for Mint to capitalize on as there are significant barriers to entry with meeting egulatory banking and government requirements. This is why it has taken a long time to take off.... For any larger payment gateway provider I would expect that this type of arrangement in Asia would be worth significant $. Mint is processing nearly $1 Billion in revenue overall and only capitalized at $18m. At this market valuation I wouldn’t be surprised if a bigger player makes a proposition to Miht that they can’t refuse, and surprise us all .... IMO
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looking forward to the next update been to quiet lately