Nice little nugget buried in the BID Energy 4C . Applying virtual payment processing technology to the bill pay function, which could save fees and add a new revenue stream as initial research shows that 70% of the top payees accept virtual payments. BID through the AXIS acquisition pay $650M of client bills per annum. Presume they would share the clip of the ticket at .5% each. Not materail for EML but potentailly very materail for BID ....$2,275,000 for a $8M market cap pre cap raising, $14M post.
EML and BID Virtual Payments
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Last
$1.01 |
Change
0.025(2.54%) |
Mkt cap ! $252.1M | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | $1.03 | 98.5¢ | $4.678M | 4.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 4414 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| EML (ASX) Chart |
