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CUS owns 39% of CAL. CAL owns 24% of a business called...

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    CUS owns 39% of CAL.
    CAL owns 24% of a business called Fintronics that has 500+ machines operating in China. However, we dont know how many transactions a month they generate. They also have orders for a further 3000 machines, but again, we dont know how many have been installed or are due to be installed. We dont know what Fintronics makes per transaction but I have heard 3.6 RMB bandied about.
    CAL also owns 100% of Tianjin (or will do) which in turn operates 500 machines with a further 3-4000 to be installed.

    Assuming that all the machines are installed, CAL will have exposure to 8000+ machines. Assuming a similar transactional volume as Aus, that's 124,800,000 transactions a year at 3.6 RMB a pop. ie 450 mill RMB.

    Now, that could be close or not close because its all I've got to go on at the moment. Hope that helps
 
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