SP1 0.00% $1.07 southern cross payments ltd

Ann: Appendix 3B, page-10

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  1. 658 Posts.
    lightbulb Created with Sketch. 27
    hold that cash - I think will get a chance t 14c or lower. As mentioned a few weeks ago I am out between 19 & 20c, after averaging in @ 0.145.

    People seem to not understand valuation and dilution. This dilution is HUGE and obviously insiders will want to cover some tax obligations in the not too distant future, as well as possibly cashing in after years of hard work.

    The overhang in my opinion will keep these share suppressed and there is very limited upside here. Put your cash elsewhere and monitor this pup in the interim.

    Updated my sentiment below to Sell...
 
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