These days I use my EFTPOS card for most payments - it is...

These days I use my EFTPOS card for most payments - it is replacing cash in my wallet because it is a lot more convenient and easier. Multiply that by 30 million people in Australia and NZ - and a company like SmartPay surely is positioned very nicely to gain from this shift in habits. The fact that this company is actually profitable and forecasting increasing revenues with a low forward P/E ratio makes it a gift. Now they have a link to China thru Alipay and also provide a cloud based API - I think once the market see this little gem it will fly. China / Cloud /API /Payments / Vertical Integration - how many buzzwords are being ignored here? Also, the latest report shows zero dilution due to options (being way out of the money at 60 cents). Just 171 million plain shares and 7 million out of the money options. Looking at the shares outstanding, there seems to have been no capital raisings over the last few years. Costs are being very well managed as well and there is a lot of insider ownership. So many boxes being ticked.