VOR 0.00% 39.5¢ vortiv limited

TSN- Spec Buy. Target 6-7cents, page-389

  1. 10,945 Posts.
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    Here's what I keep re-iterating...

    * In 2010 TSN owned 100% of the ATM/Bill Payment business.

    * TSN had achieved gross revenues of A$1.8M for Q210.

    * 9 million plus transactions were going through the business per quarter = $36m transactions per year.

    * They had about 370 installed ATMs in India.

    * Share price at the time was approximately $0.038c.

    * They had a market cap back then of approx $45M.

    * Transaction fees were approximately AUD $0.15c.

    * The company had no debt.

    * And as of the 30/09/10 they had cash of A$4.5m.


    This is beyond comical now.

    Tony
 
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