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11:10
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Originally posted by UnclePanda
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You raise a good point. I also do believe that ATMs have a structural decline risk. The world is moving towards electronic currency. That said, what you fail to consider is that your view is myopic. Very close minded. You fail to consider where the ATMs are located. The company's most profitable ATM is located in the outback of Australia, where cash is used quite a lot. The company positions its ATMs in area that offer exceptional returns. If they don't make much money, they will be located elsewhere.
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Great response, you have somewhat shifted my sentiment on this stock! That and there's still strong buying on market. Maybe I should keep STL on my trading watchlist after all. I've just been burnt with these investor presos in the past but as you and Oxxa have said it does look like a CR isn't so likely here given the circumstances.
