on the NZX no less.
Printable View
Cuscal (SMP switching provider) appointed BOFA as lead manager and doing non deal roadshows across OZ.
AFR claims IPO could value business up to A$500mn.
Had 30 June 2022 NPAT of $23.4m.
https://www.afr.com/street-talk/paym...0230514-p5d88i
Hot sector.
The numbers certainly point to an incredible opportunity.
I'm just wondering, if switching to the Australian model is such a win-win for the company and retailers, and they simply need to 'upgrade' existing customers, why are SPY only now looking to promote it here?
Why is there nothing prominent on their website about it?
What is the key selling point from the NZ retailers point of view? How much better off will they be?
I'd love to see some calculations from the retailer's point of view...
whoo hoo a bit better than I was expecting
https://www.nzx.com/announcements/412159
High of $1.75 on the NZX, will be interesting to see reaction on the ASX when it opens shortly