re writer.
I dont believe in coincidences.
a)Scanlon sells his position in Fintronics to CUS for CUS shares.
b)The performance of the fintronics shareprice falls from 80c to 26c after a placement at 66c
c)CUS mentions some disappointment in the traction of the ATM roll out in China.
I suspect there may have been some minor (!) issues between the old and the new management of Fintronics.
In any case one must remember that CUS will earn 40% of the profit going forward in China not 100%. I view China as cream on the cake...the cake being Aus/NZ, SPS, and now surcharging.
$93 mill rev for 2008 and 30% EBITDA margins...I'm happy...now if they can start SPS and surcharging sometime in the next 6mths, the margins will look even better....BUY with extreme intent IMVHO!!
re writer.I dont believe in coincidences.a)Scanlon sells his...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.425M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 126682 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 478346 | 3 |
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| Last trade - 13.18pm 20/06/2025 (20 minute delay) ? |
| CUS (ASX) Chart |
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