That must have been one bad revised offer for them to reject and then raise at this price lol
Printable View
Great for me lol
"With both the Australian and NZ economies opening up again, we believe we are well placed to resume and accelerate our growth in new terminal numbers this year. We expect to benefit from positive tailwinds as the effects of COVID further entrench cashless and contactless payments and through the strength of our superior product and commercial offering to what we expect will be increasingly value and cost sensitive merchants."
Download Document 348.27KB
Hey Cadalac what research can you share about Tyro a recent company, thanks. Ticker is TYR.
You could also check out ZIP JT
https://zip.co/nz
Was hoping you guys would do some "sharing" but appreciate the deas.Sticking with SPY atm and taking up my spp.
I did :)
Did you buy it?
https://stocknessmonster.com/quotes/z1p.asx/
https://stocknessmonster.com/announc...asx-2A1228686/
Congrats.Nah havnt looked at it, cant be bothered researching too many stocks, my quality of life is more important. DOH left it too late to go for my jog today!.But couldntmiss it on H/C all the posts today, zillions of posts. Euphoria over the top. Trading it? Thanks for sharing.
Dipped my toes into this one last week, but not in time to be eligible for SPP though, never mind. Looking good to reach previous price levels before the Verifone deal fell through..
Hi team, any thoughts on the Smartpay SPP? Share price has gone up over the last month or so and even after the announced the SPP at 42c! I bought some shares in them precovid so will end up taking the offer. But i cant explain the current increase!
A rising tide lifts all boats as peat was saying elsewhere and talk of The verifone deal could be back on with the increase in contactless payments making the NZ business even more valuable.
Should be back to 70c soon as per below update...
https://www.nzx.com/announcements/354507
COVID-19 Trading Update
Australia - We are pleased to confirm that with the further easing of restrictions over the past week, our aggregate transactional revenue has recovered to 95% of pre COVID levels.We note that we have one merchant category which is still restricted from trading which accounts for the remaining 5% of aggregate transactional revenue. When this final category resumes trading we expect to be back at 100% of pre COVID levels.
New Zealand - As the primary revenue driver in our NZ business is terminal rental,our NZ business has shown itself to be extremely resilient through the COVID-19 period. With the NZ COVID lockdown restrictions now ended (other than for international travel), we are seeing a rapid resumption in terminal usage by our merchants.
And this should help make up folks minds re taking up their SPP:)
New Zealand Commerce Commission Clearance Obtained
Big over subscription for SPP, asked for A$ 2ml, applications received for approx A$ 11.95ml nearly 6 times more. Going to be a massive scale back...
S/P jumps in response up 8c to 59.5 c atm.
Price on par at 60c close both for NZX and ASX as of last week
Solid report - https://www.nzx.com/announcements/355105
Total revenue from contracts with customers for AU grew to $11.8ml in 2020 from $4.5ml in 2019.
That's all it matters for now...