Conscious decisions made by the board in order to prevent dilution of share holdings and drive EPS going forward. Not all roses but ROE should be very healthy.
Who would have thought that DCB (direct carrier billing) would become sexy?
It's now an increasingly accepted mobile payment method. iGen is fast approaching maturity. Spending via mobile is on the up. People have M-content subscriptions!!!!?
DCB has been "CM8s" bread and butter for over a decade. They have over 160 telcos on the books. They know how the telcos operate. They have scale.
They have completed multiple deals in the past 6 months.
The "M-payments" market has basically knocked on Doms door and he has been smart enough to put out the welcome mat.
@pembo111, correct half the earnout has been paid. From cashflow! Impressive considering the hurdles overcome and achievements in the last 9 months.
CM8 Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
