If they gave us 12 cents I'd be very happy indeed ! In regards to takeovers we have 2 ATM company/deployers that apparently are having IPO's in the near future . The first is GRG International which I'm told has a distribution contract with a Chinese ATM company to sell 2000 ATM machine's into the Australian market in the next 18 months. What that means is there's going to be a lot of ATM machine's in very poor locations with unsuspecting small business owners stitched up with punitive lease deals. The 2nd company proposing to float is My ATM /Aussie ATM . As quote ""Former bankrupt Donald Brownlie Fleming - whose failed businesses have cost investors and banks more than $30 million over 15 years - and wife Dee Dee are major shareholders in the company behind the Power's My ATM sponsorship deal "" Will be interesting to see how that float goes ! The squeeze is happening now on small deployers which will be exacerbated with ATM machines flooding the market in poor locations. When the carnage is over CUS will pick what good flesh, if any, is left on the rotting carcases.
CUS Price at posting:
$2.78 Sentiment: Buy Disclosure: Held
