Rangermike....take note of the post on the 13th of April when CUS was $1.32...not 20/20 hindsight...and no the events didn't just happen in the last 5 days...as posted below on the 13th of April. Chart was showing a buy single with a stop loss at $1.30.
Know what you mean Oakcliff.yes..like catching a falling knife. Reason I'm interested is Customer's is a very well run company and is the lowest cost ATM deployer in the industry. The industry is not without it's challenges - restrictions on ATM machine's in pokie venues and technology ie. Paywave on cards replacing cash. They are also rolling out 600 machines in NZ to start with without a competitor and going to 1000. I'm expecting them to pick up 200 to 400 machines in Australia as smaller deployers are squeezed out of the market. They had 5850 machines at Dec 10 so in the next 12 months may have close to 7500.
CUS Price at posting:
82.0¢ Sentiment: Sell Disclosure: Not Held
