Telstra actually paid around $11 for their stake in the company. They have already written off this investment to zero in their books so any sale now will be recognised as a profit to them.
The company does make a profit and will substantially increase this in the coming year. A significant distrubution deal was done with a British firm and this will help gain a slice of the pie of the EMV rollout over there this year as they move to upgrade systems by the 2005 deadline.
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