Taking this thread slightly off-topic, what do people think about the API article on ATMs and owning ATMs in general.
I've done some numbers and they seem to make sense even when only considering the minimum guaranteed return. I took into account that 100% borrowed at 7% and 10% prinicipal paid back per annum in line with depreciation.
However, I don't see much scope of getting more than that. Currently, less than 15% of ATMs get the minimum transaction level to reach the guaranteed figure. This raises the question on why would they offer a minimum guarantee when they are going to have to fill it out from their own pocket. Also, I am not confident that the companies have strong enough financials to stay in business for the 10years of the contract.
Other opinions?