Have mentioned this before, (synergies) however interesting to note that:
Gregory Rooke, Non-executive Director, Customers, is also Non-executive Director, FCPB Investments.
Dean Matthews, Managing Director, FCPB Investments, is also a director, Oncard.
All nicely tied up.
Greg Rookes FCP address released today talks about the China All Payments Company, the ONCard payments switching JV with CHIBO, (effectively the Chinese Central Bank and 3 largest banks,) and devloping ATM/EFTPOS and E-payment opportunities in China.
Perhaps this was the reason other than governance issues, that Customers bailed out of Fintronics? Would it also not be too a long a bow to suggest that FCPB Investments will be the buyer of the forecast customers asset sales?
CUS Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
