MYA buy ATM machine wholesale and flog it with a fair markup to a retail investor with the 20% return gaurantee which I presume is built into the price anyway to some degree?
What are MYA charging for these and what do they pick em up for?
Can a retail investor just go straight to the wholesaler?
Who is taking the risk of having to pay 20% p.a to the investor? MYA or other?
Is there a get out clause for the issuer of this 20% p.a guarantee?
What if there is no money left?
How does MYA make money other than flog a product once?
Do they recieve any recurring income?
Do people like using "nonbank" type ATM machines, I would think not?
Isnt there a saturnmation point for ATM machines given in the next 5 years we will be just swipping ATMS across panels (no need for ATMS) or much less of a need for cash itself?
What a strange business model it seems?
MYA Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held