CUS 0.00% 3.6¢ copper search limited

hi sarge.....I don't know how the atm reforms will pan out....

  1. 933 Posts.
    hi sarge.....I don't know how the atm reforms will pan out. Banks revenue is down & they will be looking for extra income to boost their income more than ever. I know the RBA have passed reforms but I think the banks will go kicking & screaming before they give up $$$$ on atms. They have all year to come up with a plan & I think they will be working hand in hand to come up with some pretty enticing incentives to woo ppl. into using their machines. I don't know, but if I was a bank ceo, knowing how much minnow coys. like CUS are relying on revenue from atms & CUSs debt I would be trying more delaying tactics & even offering free transactions etc. for as long as it takes to drive these coys. to the wall. They have the clout & cash to ride it out. Look what has already happened to the sp since the banks delayed the reforms till 2009. I don't know, maybe i'm being a bit cynical, but I can't underestimate the banks powers & the vunerability of CUS. Just feeding my thoughts too.
 
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