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10,945 Posts.
1262
05/07/16
15:04
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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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